DFS said it has struck a £1.2m deal to buy eight store leases from administrators of Norfolk-based Multiyork Furniture as well as the intellectual property rights of Multiyork, including the Multiyork trademark, product designs, domain names and marketing databases.
Staff from the stores will be offered roles within DFS, but the sites at St Stephens Street, Norwich, Ipswich and Mellis, in Suffolk, were not included among these.
DFS added administrators will stop operating the Multiyork brand, which had its head office and factory in Thetford, after February 18 as part of the deal – bringing an end to a near 40 year history in the region.
www.edp24.co.uk/business/dfs-buys-multiyork-assets-1-2m-1-5334213
|
