date:Apr 02, 2014
British's BM Bargains is reportedly close to securing a deal which will see it buy a majority stake in German discount retailer JA Woll Handels.
If completed, it would mark BM's first move outside of its home market, where it operates 375 stores and employs 17,000 people.
It was purchased by the Arora brothers in 2005, and has grown to a company which last year achieved sales of 1.2 billion.
JA Woll Handels, which is located in the north west of Germany, operates 50 under the Jawoll and Hafu