All M&A articles – Page 18

  • Screenshot_2020-03-14 Daka Sport
    Article

    Daka Sport acquires Sportsworld

    2020-03-13T16:06:00Z

    Daka Sport says it will become the largest independent, family-owned sporting goods retailer in the Dutch market in terms of sales and sales surface area following an agreement to take over the three remaining mega-stores of Sportsworld in the country and their 100-plus employees.

  • Screenshot_2020-03-14 Endless LLP
    Article

    Golfino and American Golf come under common ownership

    2020-03-13T15:23:00Z

    The concentration of the market has also impacted the golf sector. Endless, the British private equity fund that took over the U.K.-based American Golf chain in 2018, has now acquired Golfino, the German brand of golf apparel, but not its mono-brand retail stores, and placed the operation under new management. ...

  • Wanke Sportscheck
    Article

    Joint management for SportScheck and Karstadt Sports

    2020-03-12T12:56:00Z

    (updated March 12 2020) Thomas Wanke has been appointed to the newly created position of chief executive of both Karstadt Sports and SportScheck. The former CEO of SportScheck, Markus Rech, is no longer in charge. Furthermore, Stefan Weiss, chief sales officer at Karstadt Sports, will from now on serve as ...

  • mikita-karasiou-HO6aBrYi3kE-unsplash
    Article

    Solutions in sight for Norway’s sports sector

    2020-03-06T11:57:00Z

    We reported in our Feb. 10 issue about the problems at XXL ASA and the bankruptcy of Gresvig, the Norwegian licensee of Intersport. Powerful investors are pitching in to save the two largest retail players in the Norwegian sporting goods market. It seems, however, that some suppliers may end up ...

  • Article

    Footway bids for Sportamore

    2020-02-24T19:45:00Z

    The Footway Group, a Swedish online shoe retailer that is expanding internationally, announced on Feb. 17 that it wants to buy Sportamore, a leading Swedish online retailer of sports products. Footway has offered to pay 439 million kronor (€41.5m-$44.9m) in cash and shares for Sportamore, or a premium of around ...

  • 21sportsgroup_Logo
    Article

    Planet Sports is insolvent

    2020-02-24T11:59:00Z

    The German sports retailing landscape is changing rapidly. A Munich court has accepted a request to place Planet Sports, a leading German action sports and streetwear retailer, under bankruptcy protection, according to TextilWirtschaft. The information, which could not be confirmed by the time of going to press, highlights the difficulties ...

  • SportScheck
    Article

    The German Cartel Office blesses Signa’s takeover of SportScheck

    2020-02-10T21:35:00Z

    Following a comprehensive investigation, the German Cartel Office has concluded that the planned acquisition of SportScheck by the Austrian-based Signa Retail Group via its Galeria Karstadt Kaufhof subsidiary can go ahead as the new conglomerate resulting from the transaction will have a market share of less than 15 percent in ...

  • sportmaster_logo
    Article

    Russia’s Sportmaster buys the Danish chain by the same name

    2020-01-11T00:00:00Z

    Sport Danmark, the company that owns the Danish loss-making Sportmaster chain of sporting goods stores, was sold on Dec. 23 by Nordic Capital to a company in Singapore, Sportmaster Operations Pte., created by the Russian Sportmaster Group in 2012 to oversee its development in China and to conduct acquisitions in ...

  • pentland_Logo
    Article

    Pentland buys Speedo’s North American business

    2020-01-11T00:00:00Z

    Pentland announced yesterday that it has agreed to buy the perpetual rights to the Speedo brand in North America and the Caribbean and the related operations from PVH Corp. for $170 million in cash, uniting all the brand’s operations around the world under a common umbrella just in time for ...

  • Article

    Thule acquires a fishing rod carrier

    2020-01-11T00:00:00Z

    The Thule Group has acquired Denver Outfitters, an American producer of vehicle-mounted fishing-rod carriers.

  • Article

    Pelican acquires Confluence

    2019-12-24T00:00:00Z

    Pelican International, a Canadian group that already makes all manner of recreational boats, has acquired Confluence Outdoor, another maker of boats based in the U.S. that did not achieve the economies of scale that its new owners were betting on. The financial terms of the deal remain undisclosed

  • Article

    Lululemon invests in a smart mirror start-up

    2019-11-28T00:00:00Z

    Lululemon has joined in a just completed $34 million Series B funding round for a New York-based high-tech fitness start-up, Mirror, which launched a smart full-length LCD mirror in September of last year. The display can be used as an interactive home gym, with live and on-demand fitness classes. Taking ...

  • News briefs

    The Signa Retail Group signs letter of intent with the Otto Group to take over SportScheck

    2019-11-28T00:00:00Z

    The Signa Retail Group, which already owns Karstadt Sports and a group of sports-specific e-tailers called Signa Sports United, has signed a letter of intent with the Otto Group to take over its SportScheck chain of sporting goods stores, according to Germany’s Lebensmittelzeitung. The report could not be confirmed, but ...

  • Article

    Lafuma is selling Eider

    2019-11-28T00:00:00Z

    Lafuma has received a binding acquisition offer for its Eider brand from K2, the South Korean technical outdoor company.

  • Short stops

    The owners of Mustad have reportedly denied a rumor that...

    2011-04-14T00:00:00Z

    The owners of Mustad have reportedly denied a rumor that Rapala or Pure Fishing is going to take over the Norwegian fishing tackle company

  • News briefs

    Johan Eliasch, chairman and chief executive of Head, and his...

    2011-04-14T00:00:00Z

    Johan Eliasch, chairman and chief executive of Head, and his family now own a larger share of Head NV through Head Sports Holdings following the exercise last March 29 of options granted under the May and September 2009 stock option plans. Amounting to a total of 12,847,179 options, they have ...

  • News briefs

    The management of JD Sports Fashion confirms the acquisition of...

    2011-04-14T00:00:00Z

    The management of JD Sports Fashion confirms the acquisition of Fenchurch, a British brand of streetwear, and some related assets for £1 billion. The brand had an annual turnover of around £10 million (€11.3m-$16.2m) including the sales of its four stores, which have all been closed. JD will use some ...

  • News briefs

    Amer Sports has issued a floating-rate bond to raise 500...

    2011-04-14T00:00:00Z

    Amer Sports has issued a floating-rate bond to raise 500 million Swedish kronor (€55.0m-$79.5m), targeted at institutional investors in the Nordic countries and quoted on Helsinki's Nasdaq counter. The proceeds will be used for debt repayment and general corporate purposes.

  • News briefs

    The Chinese maker of sports apparel 361 Degrees plans to...

    2011-04-14T00:00:00Z

    The Chinese maker of sports apparel 361 Degrees plans to open a research center for designing innovative sportswear in Beijing, with the support of the Beijing Institute of Clothing Technology. The company had an 18.1 percent increase in footwear sales to $186.5 million for the second half of 2010; apparel ...