KBS Corporate advises on acquisition of The Tanning Cabin
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KBS Corporate has successfully completed the sale of The Tanning Cabin, a midlands-based chain of tanning Salons, to The Feel Good Group for an undisclosed sum.
The Tanning Cabin, which operates stores in Burton-on-Trent, Derby, Oldbury, Stoke-on-Trent, Swadlincote and Wednesbury, provides great value tanning, beauty and nails services to its loyal customer base.
The acquirer, The Feel Good Group, which operates existing brands such as Sunless UK, a manufacturer and retailer of cutting edge tanning technology, and Blue Tanning & Beauty, a supplier of sunbeds and beauty consumables to a wide range of individual and trade clients, will add The Tanning Cabin stores to their existing chain.
KBS Corporate Deal Executive, Sonia Cottrell, commented, “The acquisition is a great fit for the Feel Good Group as both the buyer and seller shared the same values, which puts The Tanning Cabin in good hands to continue their growth within the market.”
Legal advice was provided by Gateley plc.