The proprietor of Bensons for Beds is amongst a pack of suitors circling Poundland, the struggling low cost retailer.
Alteri is anticipated to be amongst a major variety of bidders for the chain, which has been put up on the market by Pepco Group, its present proprietor.
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Warsaw-listed Pepco confirmed in March that it deliberate to discover a sale of the enterprise, with Teneo employed to advise on an public sale.
Final yr, Poundland recorded roughly €2bn of gross sales.
It employs roughly 18,000 folks.
Earlier this yr, Pepco, which additionally trades as Pepco and Dealz in Europe, stated Poundland had seen a like-for-like gross sales droop of seven.3% through the Christmas buying and selling interval.
In an accompanying buying and selling assertion, Pepco stated that Poundland had suffered “a more difficult sales environment and consumer backdrop in the UK, alongside margin pressure and an increasingly higher operating cost environment”.
“We expect that the toughest comparative quarter for Poundland is now behind us – the same quarter last year represented a period prior to the changes made within our clothing and GM [general merchandise] ranges – and therefore, we expect the negative sales performance for Poundland to moderate as we move through the year.”
It added that Poundland wouldn’t improve the scale of its retailer portfolio on a web foundation through the course of this yr.
Alteri, which is backed by the funding big Apollo World Administration, declined to remark.
