Comet Group Ltd. (extinct)

Comet Group Ltd. (extinct)

Comet Group Ltd. (extinct)

Date Founded



Criterion House,George Street,Hull HU1 3AU

Type of Company



Wholesale: Consumer Durables

Company Description

Comet is owned by private investment partnership OpCapita LLP. Comet's focus is on giving customers the best price, best choice and the best service. Comet has 243 stores throughout the UK, offering a wide range of electrical products. Thousands of competitor prices are checked every week to ensure that Comet offers the best possible value. Comet offers a unique all-round shopping experience with a range of services including home delivery and next day delivery, full installation of products such as televisions, computers and integrated kitchen appliances, take back and recycling facilities for large products and comprehensive after sales service. The company was founded in 1933 and is headquartered in Rickmansworth, GB.

Paths to Comet Group Ltd.
Potential Connections via
Relationship Science
Comet Group Ltd.
Recent Transactions
Details Hidden

OpCapita LLP, Hailey Holdings Ltd. purchase Comet Group Ltd. from Darty Ltd.

Details Hidden

Kingfisher PLC, Comet Group Ltd. purchase Norweb Retail from United Utilities Group Plc

Details Hidden

OpCapita is a hands-on, medium- to long-term manager which targets strategically sound but operationally or financially challenged firms. They aim to create sustainable long-term value via strategic transformation of their portfolio firms, focusing on the acquisition and operational turnaround of underperforming firms in the retail and consumer sectors with particular interest in apparel, household/lifestyle, luxury and consumer goods, general retail and food and beverage. Their geographic focus includes the UK, Germany, France, Italy, the Nordic region, Benelux and Spain.The firm seeks transactions such as balance sheet restructuring, public to private transactions, carve outs of non-core divisions, sale of family owned / private businesses, transformational M&A and principal markets.They typically invest between EUR 100-500 million in companies with strong market positions, underlying asset value or a sustainable competitive advantage supported through established brand or structural barriers to entry, operational potential, prolonged underinvestment, cyclical changes in demand, structural shifts in supply or industry consolidation and operational scale sufficient to support business recovery.OpCapita is backed by a number of major institutional investors which enables them to invest in transactions over EUR 1 billion.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Comet Group Ltd.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Comet Group Ltd.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Comet Group Ltd..