The Hut Group is one of the world’s largest online health and beauty retailers, brand owners and technology platforms. Based in Manchester, the company operates over 140 highly profitable websites, retailing premium non-perishable FMCG products direct to consumers. In 2016, THG grew sales by 50 per cent to £501m, with international sales rising by 89 per cent.
Zeus Capital acted as broker to The Hut Group in connection with a £125m equity investment by Old Mutual Global Investors (OMGI). The deal marks a first private sector transaction for OMGI as they broaden their investment abilities.
The deal will catapult The Hut Group further up the rankings of Britain’s biggest home-grown companies. Based on a foundation of proprietary industry leading technology, a world-class team and a scientific approach to building global brands, THG is fast becoming the world’s most influential online retail organisation.