Every Padel i Sverige, a subsidiary of Everysport Group, has canceled an agreement signed in June to acquire 100 percent of the shares of another Swedish company, Padel Panorama, for SEK 0.6 million (€55,000). According to a statement from the parent company, the reason is “discrepancies in the warranty provided in the purchase agreement.” The acquired company’s name, changed with the agreement to Every Padel i Jönköping, is being restored.
According to Pitchbook.com, Padel Panorama is a training institute for padel, providing coaches and infrastructure, with headquarters in Jönköping. Its former website address, padelpanorama.se, still redirects to everypadel.se.
Everysport Group comprises Everysport Media and Everysport Padel, is headquartered in Stockholm and employs about 160 people.
