Clayton, Dubilier & Rice Buying Stake in B&M Retail
December 04, 2012
Clayton, Dubilier & Rice, a New York-based private equity firm, has agreed to acquire a significant stake in British discount retailer B&M Retail. Currently owned by the Arora family, B&M has over 300 stores located in England, Scotland, Northern Ireland and Wales. Since inception, CD&R has managed the investment of over $18 billion in 54 U.S. and European businesses.