Abstract
In September 1983, John Collier Menswear was bought out from its parent company, United Drapery Stores (which had itself been taken over two months previously by Hanson Trust), for £47.5 million. The purchasers were four of John Collier’s senior management and a consortium of institutional investors. In competition with a bid from the Burton group, an arch rival in the menswear clothing market, the management succeeded in pulling off one of the largest buyouts to date.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1991 Sebastian Green and Dean F. Berry
About this chapter
Cite this chapter
Green, S., Berry, D.F. (1991). The John Collier Story. In: Cultural, Structural and Strategic Change in Management Buyouts. Palgrave, London. https://doi.org/10.1007/978-1-349-21559-1_7
Download citation
DOI: https://doi.org/10.1007/978-1-349-21559-1_7
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-21561-4
Online ISBN: 978-1-349-21559-1
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)