press releases
Friday January 28 2011

MACINTOSH ACQUIRES UK SHOE RETAILER JONES BOOTMAKER

(#)(*) Jones Bootmaker fits in perfectly with Macintosh’s growth strategy in Fashion. (*) Macintosh will improve its position as an international shoe retailer. (*) With 93 stores, Jones Bootmaker is a well established multi-brand retailer serving the upper/mid market which complements Macintosh’s Brantano UK. (*) Jones Bootmaker has annual consumer sales of over GBP 95 million and is consistently profitable. (*) Acquisition of Jones Bootmaker will be fully financed with loan capital. (*) Jones Bootmaker is expected to contribute to Macintosh’s net profit in 2011.(##) Macintosh Retail Group has reached agreement with the shareholders of Jones Bootmaker on the acquisition of all shares. The transaction will be completed around the beginning of April 2011.

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