The move came following the retirement of owner Poundstretcher Aziz Tayub following an impressive 18 years of trading.
Bargain retailer Poundstretcher has been sold in a massive deal that will affect over 40 stores in Scotland.
Self-made tycoon Mr Tayub, 69, previously suggested he wanted to float the business on the stock market for up to £300million, the Mirror reports. Join the Daily Record's WhatsApp community here and get the latest news sent straight to your messages. Mr Tayub said: "I am very pleased that the Fortress team will be providing the resources and investment needed to take Poundstretcher to its next stage of growth following my retirement.
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