Multiple award-winning founder and owner, Katherine Sampson, retains 20 per cent of the company and will remain as managing director. Sampson said Dymocks’ retail and franchise experience will assist in accelerating the franchise’s aggressive expansion plans. “Our ability to tap their expertise as well as access their tried and tested processes and systems will mean greater support and improved efficiencies for stores.”
Don Grover, Dymocks CEO said ““Healthy Habits stands out like an oasis of healthy eating choices in the company of most other food retailers. Katherine and her team have created a strong, modern brand which promotes healthy lifestyle habits and backs it up with truly fresh, wholesome ingredients.
“We are very excited about acquiring a majority stake in the Healthy Habits business. Besides our organic growth through our bookselling business in existing markets as well as examining opportunities in new international markets, we have actively been looking to grow assets through acquiring other growth businesses. These are businesses where we are able to leverage our deep franchising and retail skills.”
Healthy Habits is strong in Victoria and Queensland.
Dymocks Acquires 80 Percent Stake In Healthy Habits Franchise
February 3, 2009 by Cris | 0 Comments