Overview
- The business, sold Tuesday by joint administrators to Giant UK, will keep the Ipswich, Colchester and Norwich stores open and retain 21 staff.
- Mercer & Hole’s Dominic Dumville and Henry Page, appointed March 23, said the sale should provide a better return for creditors than closing the company.
- Giant managing director Ian Beasant said the buyer will support existing customers with warranty claims, servicing and aftercare, and has taken on the store teams.
- Store signs will start to change to the Giant brand in May, with refits planned later this year once day‑to‑day operations are steady.
- The family retailer, founded in 1984, filed a Notice of Intention in February, a short court protection that pauses creditor action to allow a rescue or sale.