Holland & Barrett was developed in 1870 by Alfred Slapps Barrett as well as Major William Holland, who purchased a food store in Diocesan's Stortford, offering groceries and garments.
They developed their business into 2 stores-- a food store and also a clothes shop. It is also noticeable that in 1900 they inhabited a store in the High Street of Epsom. In the 1920s, Alfred Button & Sons purchased the business and also kept the name Holland & Barrett.
Holland & Barrett has actually given that changed hands a variety of times. In 1970, Booker got Holland & Barrett, likewise getting Health & Heather stores which they, later on, renamed Holland & Barrett. Lloyds Drug store acquired Holland & Barrett in 1992, after which NBTY acquired Holland & Barrett in 1997. NBTY was acquired by American personal equity firm The Carlyle Group in 2010.
The brand name has actually become associated with the sale of vitamins, supplements, and also homeopathy, to the point that pro-homeopathy previous MP David Tredinnick has been called "The Hon. Participant for Holland and also Barrett".
On 21 June 2017, it was announced that a collection of settlements had actually started by NBTY on behalf of The Carlyle Team to sell off Holland & Barrett in its totality. A few firms showed interest in acquiring the business, namely A.S. Watson the owner of Superdrug and also The Fragrance Shop, and also KKR the private equity company both revealed an interest in very early settlements. It was a sale that can potentially be worth $6bn.
On 26 June 2017, it was reported that Holland & Barrett cost ₤ 1.8 billion to L1 Retail, a group regulated by Russian billionaire Mikhail Fridman.