Bridgepoint to buy jeweller

Private equity firm Bridgepoint is in advanced talks to buy French jeweller Histoire d’Or from Silverfleet Capital. It is also understood to be interested in rival jewellery retailer Marc Orian – owned by Qualium ­– with a merger between the two targets the likely result. The combined retailers would have more than 300 stores and pull in revenues of around €350m (£291m). Bridgepoint, which also owns Pret A Manger and Fat Face, is expected to part with around €600m, including debt, for the two companies. Bridgepoint also bought arts and crafts chain Hobbycraft in April.