The Original Factory Shop (TOFS) is a discount retailer founded in 1969. It offers a variety of products including beauty brands, sportswear, and DIY tools. The retailer operates around 180 stores and has a workforce of approximately 1,800 employees. TOFS was previously owned by Duke Street before being acquired by Modella Capital.

https://www.tofs.com/

Lancashire

The Original Factory Shop

Modella Capital is a private equity firm specializing in retail investments. The firm has rapidly expanded its portfolio by acquiring several retail businesses. Modella focuses on companies with a turnover between £10m to £1bn across the UK and Western Europe.

United Kingdom

Modella Capital

Modella Capital has acquired The Original Factory Shop (TOFS) from Duke Street. The acquisition, completed in February, leaves TOFS debt-free. Modella is considering implementing a company voluntary arrangement (CVA) that may lead to store closures and job losses. TOFS currently operates approximately 180 stores across the UK.

Modella Capital acquires The Original Factory Shop

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Modella Capital acquires The Original Factory Shop

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