HobbyCraft to be sold?
Published: 14 December 2009
Crafts retailer HobbyCraft could be sold for an estimated £70m, according to reports in The Telegraph.
The company is thought to have appointed Grant Thornton to advise on potential options. However, according to The Telegraph, chief executive Chris Crombie is thought to be considering a buy-out from the 39-strong chain's current owners.
Warren Haskins, who also founded and owns the Haskins group of garden centres, opened the first HobbyCraft store in 1995.