Blue Coast Capital reports that it has acquired the remaining shares in furniture retailer Loaf from founder Charlie Marshall, and now owns 100% of the business.
Clive Lewis, chair of Blue Coast Capital, says: “Charlie founded Loaf in 2008 and built it into one of the UK’s leading furniture and homeware brands before we acquired a majority interest in the business in 2021.
"Charlie continued to support the business during a post-acquisition transition period and remained as brand guardian while a new CEO settled into the role. Charlie has not been actively involved in the business since 2023, and our acquisition of his remaining shareholding marks the completion of a planned process.
"We are grateful for Charlie’s contribution to Loaf, both as its founder and during the transition following our investment, and we wish him every success in the future.”
Blue Coast Capital is a privately owned group of businesses with its origins in post-war UK retailing. With a track-record spanning 50 years, it owns and manages a diverse global portfolio of private and public assets.