Buyout Desk
ExitThursday, October 8, 2026

Sycamore Partners agrees $8.9bn Boots exit to Wittington Investments

Sycamore Partners is selling the 177-year-old pharmacy and beauty retailer Boots, which employs more than 50,000 people, to Wittington Investments for $8.9 billion.

Boots is 177 years old and employs more than 50,000 people; its operations also include Boots Opticians and the No7 Beauty Company.

Deal facts

Target
Boots
Business
Pharmacy-led health and beauty retailer that also includes Boots Opticians and the No7 Beauty Company, with more than 50,000 employees.
Buyer
Wittington Investments
Deal type
Exit
Value
$8.9 billion
Status
Announced, not yet closed
Announced
Thursday, October 8, 2026

Sources

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