Sycamore Partners agrees $8.9bn Boots exit to Wittington Investments
Wednesday, October 7, 2026 · first reported by PE Hub and 4 others
Canada's Weston family has agreed to buy Boots from Sycamore Partners and the Pessina family for $8.9bn, a figure Law360 describes as including debt. Wittington Investments, the family's holding company, takes control of Boots' UK and Ireland retail operations, Boots Opticians, No7 Beauty Company and the Thailand and franchised businesses. Toronto-based Fairfax Financial Holdings is partnering on the purchase. Completion is expected in the first quarter of 2027.
Galen Weston, chairman of Wittington, will become chairman of Boots. Sycamore and the Pessina family keep the other Boots Group businesses, including Farmacias Benavides and Alliance Healthcare Deutschland. Skadden is named in Law360's headline as leading for the Westons.
- Also named
- Wittington Investments, Boots
- Deal value
- $8.9B
- Asset class
- Private equity
- Geography
- Europe
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
5 sources- PE HubSycamore Partners agrees $8.9bn Boots exit to Wittington Investments
- Private Equity WireWeston family agrees $8.9bn deal to acquire Boots from Sycamore
- Alternatives WatchSycamore to sell Boots Group to Canada’s Weston family, Fairfax for $8.9bn
- HedgeCo InsightsWeston Family’s Wittington Agreed to Buy Boots From Sycamore Partners for $8.9 Billion
- Law360Skadden-Led Weston Family To Buy UK's Boots For $8.9B
- CVC Agreed to Take a Minority Stake in Camouflage Maker Fibrotex Through Its Catalyst III FundHedgeCo Insights
- Temasek to Merge Seviora, Azalea, SeaTown Asset Management UnitsMingtiandi
- Elliott and GTCR near deal to acquire CCC Intelligent SolutionsHedgeweek +1
- Copenhagen Infrastructure Partners enters Italian biomethane market with Via Verde investmentIREI
- KGAL sells 73MW Nordic wind portfolio to Ardian-backed EnordicIPE Real Assets
- Altera's debut secondary fund sells full $27.4 million offeringSecondaryLink