Simon, Bobby and Robin Arora bought this discount retailer for £525,000 eight years ago, when it had only 21 stores. They have since built it into a 324-strong group serving 3m customers a week with sales of £935m in 2012. This represents a 31% increase on last year, achieved mainly by taking over stores from defunct chains such as Woolworths and Focus DIY. In December, the brothers sold a 60% stake to American private equity firm Clayton, Dubilier & Rice and several sovereign wealth funds, partially to fund overseas expansion. The deal valued the business at £965m and saw Sir Terry Leahy, of Tesco fame, become chairman.
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