Mountain Warehouse Limited is a British outdoor retailer selling equipment for hiking, camping, skiing, cycling, running and fitness.
In 1997, Mountain Warehouse was founded as the retail partner of Karrimor International, the UK based outdoor clothing and equipment manufacturer.
[5] In August 2002, NBGI Private Equity acquired the business from 21 Invest and managing Director Mark Neale, buying a majority stake in the company.
[6] In July 2007, Mountain Warehouse management around Neale bought out NBGI Private Equity for £15m, backed by Icelandic investment fund KCAJ.
[7] In August 2010, the private-equity arm of Lloyds Banking Group, LDC, took a 23% minority stake in the business as part of another £47m buyout by Mountain Warehouse management.
[8] In November 2013, the management team led by founder and CEO Mark Neale bought out minority shareholder LDC to take full ownership of the retail chain.
Mountain Warehouse purchased six of former Woolworths sites,[11] including Fort William, Scotland,[7] St Ives, Cornwall[12] and Buxton, Derbyshire.