Fitted furniture chain Sharps has again turned to acquisition.
The £135m retailer has bought loft and under stairs storage rival Clever Closet.
‘We are delighted to complete the acquisition of Clever Closet, who have become the clear market leaders in fitted under stairs storage solutions. We believe that our knowledge and installer base, combined with their clever product solutions will create significant growth across the UK,’ says Kevin Smith, Sharps Bedrooms ceo.
Paul Jacob founded Clever Closet in 2010. ‘We are very excited about the opportunity to work with the UK’s market leader in fitted furniture and this will help us grow our business even further,’ he says.
Sharps previously bought Fittingly in September 2023.
