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2 unusual facts about Modelzone


Modelzone

Prior to its acquisition by WHSmith, the company operated a chain of high-street stores and had a distribution arm, Amerang; when Modelzone entered administration in June 2013, the company had 47 branches and 385 employees, and was the UK's largest model retailer.

ModelZone had 385 employees and 47 stores at the time of administration and was majority-owned by the private equity arm of Lloyds Banking Group, Lloyds Development Capital, to whom the company owed £9 million of their £11 million debt, according to a statement of affairs prepared during administration.


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