Holland & Barrett sold to Russian billionaire for £1.8bn

Health food chain with 147-year history is first retail acquisition for Mikhail Fridman

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A Holland & Barrett store
(Image credit: Swipp Inc/Flickr)

One of the largest health food retailers in Europe, Holland & Barrett, has been sold to a company owned by the Russian billionaire Mikhail Fridman in a £1.8bn deal.

The chain has a 147-year history dating back to 1870 when it was founded by William Holland and Alfred Barrett in Bishop's Stortford, Hertfordshire, says the BBC.

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