Primary backs £42 million multi-channel expansion of Tobar and Hawkin's Bazaar
Primary has closed its second deal in a week with an investment into multi-channel toy retailer Tobar Group Ltd. Tobar is a unique business founded in 1973 by the current managing director's father, Sid Templar. It sells "things you thought had gone forever and things you never even knew existed" - a collection of gifts and gadgets ranging from the traditional to the obscure.
Tobar owns the Hawkin’s Bazaar retail and mail order businesses. Hawkin’s Bazaar currently has 22 shops across the UK with plans to open 15 more by the end of this year and a further 100 across the UK over the next 5 years. It also has an active mail-order presence and transactional website (www.hawkin.com). The company also operates a wholesale business which trades under the name of Tobar and supplies over 7,000 businesses throughout the UK and Europe.
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