Modella Capital has announced the completion of its acquisition of Dealz Poland sp. z o.o. from Pepco Group, which completed on 10 July 2026. Headquartered in Poznań, Dealz is a Polish discount retailer operating more than 340 stores nationwide, offering branded grocery products and general merchandise at everyday low prices. The business generated revenues of c.£300 million in its most recent financial year, supported by a modern distribution centre and a stable operational platform.

The transaction requires a carve-out from the Pepco Group, the pan-European listed retailer, and marks the beginning of a new chapter for Dealz Poland as a standalone business. Modella believes there will be significant opportunities ahead for Dealz – both as a strong value retailer in its own right, and as part of the wider Modella Group. Alongside businesses such as Flying Tiger, Hobbycraft and TGJones, Dealz will be able to draw on the expertise, relationships and scale shared across the portfolio, while continuing to trade under its own Brand in Poland. Modella is committed to maintaining the strong relationships the business has built with its suppliers and partners.