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Headlam Group Finalizes Sale, Leaseback of Distribution Center in UK

MT Newswires·09/08/2026 04:58:27
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04:58 AM EDT, 09/08/2026 (MT Newswires) -- Headlam Group (HEAD.L) completed the sale and leaseback of its distribution center in Bristol, UK, as part of its strategic review. The British floor coverings distributor sold the property for 3.1 million pounds sterling and will lease it until Dec. 31, according to a Tuesday release. The net proceeds will help repay debt and fund the upfront leaseback costs for one month.