Magnet is a British kitchen retailer operating in over two hundred locations across the United Kingdom supplying products under the Magnet and Magnet Trade brands. The company has over 2,000 employees and its headquarters are in Darlington, County Durham.
Magnet was listed on the London Stock Exchange, and was once a constituent of the FTSE 100 Index, but is now part of Nobia UK, a division of the Nobia group which is listed on the Swedish Stock Exchange.’ The Nobia division also includes brands such as Gower and Norema.