All M&A articles – Page 3

  • Oxford Street Selfridges
    News briefs

    Central Group takes full control of Selfridges amid Signa Group financial woes

    2023-11-17T12:45:00Z

    It is being widely reported that Central Group, the co-owner of Selfridges, has taken full control of the department store chain after co-owner Signa Group continues to face financial difficulties. Signa bought Selfridges alongside Central in a €4.7 billion dollar deal in 2021. -> Get the latest on the ...

  • CoDi-Marucci-Fox
    News briefs

    Sale of Marucci Sports completed

    2023-11-15T15:29:00Z

    Compass Diversified (CoDi) has completed the previously announced sale of its majority-owned subsidiary, Wheelhouse Holdings, Inc., the parent company of Marucci Sports, LLC, to Fox Factory Holding Corp. The sale price was based on an enterprise value of $572 million, subject to certain working capital and other adjustments. After these ...

  • WeSports RunningXpert
    News briefs

    WeSports acquires RunningXpert, prepares Keller Sports relaunch with customer-centric concept

    2023-11-11T17:13:00Z

    WeSports announced the acquisition of a stake in RunningXpert, a Danish running specialist that operates the stores Løbeshop.dk, Löparshop.se and RunningXpert.com. RunningXpert claims to be the leading running specialist in the Nordic region, with a turnover of €35 million in 2022. The company currently serves over 1 million active runners ...

  • Intersport_LOGO
    News briefs

    Bid under review for 25 French Intersport, two Go Sport stores

    2023-11-09T11:14:00Z

    According to France’s Authority on Competition (Autorité de la Concurrence), Schiever, an international retail group based in Burgundy, is looking to acquire full control of 25 Intersport stores (20 retail stores and five outlets) and two Go Sport stores – as well as four stores of the ready-to-wear chain Blackstore. ...

  • Voswinkel Cisalfa
    Article

    Intersport Germany sells Sport Voswinkel to Italian retailer

    2023-11-08T18:11:00Z

    Intersport Deutschland eG (Intersport Germany) announced on Nov. 8 that it has signed an agreement on the sale of Sport Voswinkel GmbH & Co. KG to Cisalfa Sport S.p.A. by the end of 2023. “We are very pleased that we can place Sport Voswinkel GmbH & Co. KG into the ...

  • Champion-logo
    News briefs

    WHP Global and Authentic reportedly interested in buying Champion

    2023-11-03T12:44:00Z

    WHP Global and Authentic Brands Group are both interested in buying Champion from its parent company HanesBrands, according to a report by CNBC. Sources also said, however, that a deal is not close to completion, and if HanesBrands ever moves forward, it will not select a buyer until 2024. WHP ...

  • CoDi-Marucci-Fox
    Article

    CoDi sells Marucci Sports to Fox Factory

    2023-11-03T06:41:00Z

    Compass Diversified (CoDi), the Westport, Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, PrimaLoft and Velocity Outdoor, announced that it has entered into a definitive agreement to sell its majority-owned subsidiary Wheelhouse Holdings, Inc, the parent company of Marucci Sports, to publicly traded chassis and suspension expert ...

  • Topgolf_Callaway_Brands_BigShots
    News briefs

    Topgolf Callaway acquires US off-course golf operator BigShots Golf

    2023-11-02T07:27:00Z

    Topgolf Callaway Brands Corp. announced that it has acquired certain assets of Dallas, Texas-based Invited, Inc., the largest owner and operator of private golf clubs in the US, related to its BigShots Golf business. The purchase price for the initial closing is approximately $29 million. The acquisition adds the BigShots ...

  • 1440-rapture
    News briefs

    UPS to acquire reverse logistics specialist Happy Returns from PayPal

    2023-10-31T10:05:00Z

    UPS has announced that it is acquiring Happy Returns from PayPal. Happy Returns is a U.S.-based software and reverse logistics company that provides merchants and consumers in the U.S. with a hassle-free, boxless and label-free returns experience. “By combining Happy Returns’ easy digital experience and established drop-off points with ...

  • Farfetch
    News briefs

    Farfetch receives EC clearance to buy stake in Yoox Net-A-Porter

    2023-10-24T08:47:00Z

    Farfetch, the Internet platform for luxury goods, is cleared by the European Commission to acquire a 47.5 percent equity stake in Yoox Net-A-Porter (YNAP) in exchange for Farfetch Class A ordinary shares going to Richemont, a publicly traded company on the Swiss Exchange that operates three luxury business units. Yoox, ...

  • Frasers SportScheck
    Article

    German retail chain SportScheck to be acquired by Frasers

    2023-10-17T07:39:00Z

    Frasers Group announced that it has reached a binding agreement with Signa Retail Department Store Holding GmbH to acquire German sports retailer SportScheck. Signa had once acquired SportScheck from the Otto Group. The most recent news surrounding Signa already suggested that some of its brands might be divested from the ...

  • Anta
    News briefs

    Anta Sports buying majority stake in women’s activewear firm

    2023-10-17T06:08:00Z

    Anta Sports is taking action to acquire an approximate 75 percent stake in Mayiya Clothing (Shanghai) Co., Ltd. for an undisclosed sum. The company, founded in 2016, markets the Maia Active sportswear brand for Asian women with a principal focus on the yoga sports category. Anta sees the acquisition bolstering ...

  • Frasers_XXL_Logo
    News briefs

    Frasers Group acquires greater stake in XXL

    2023-10-11T12:26:00Z

    XXL’s share price rose significantly on the Oslo Stock Exchange after Britain’s Frasers Group acquired 117 million shares in the troubled Norwegian sporting goods chain on Tuesday, now owning 162 million shares, which – according to E24 – equals 9.75 percent of the total shares and 12.16 percent of the ...

  • Zoot_4
    Article

    MVC Group acquires 70% of Zoot

    2023-10-06T07:18:00Z

    MVC, the Italian group behind the cycling and outdoor brands Sportful, Castelli and Karpos, has acquired 70 percent of the U.S.-based triathlon specialist Zoot. Zoot was founded in 1983 in Kona, Hawaii, and has been headquartered in San Diego, California, since 2003, with a factory in the Philippines. It is ...

  • RBL Superdry Logos
    News briefs

    Superdry transfers IP for South Asia to joint venture with Indian retailer

    2023-10-05T05:45:00Z

    India’s largest retailer, Reliance Brands Limited (RBL), through its wholly-owned subsidiary in the UK (RBUK), signed a definitive agreement to form a joint venture with British fashion brand Superdry PLC to acquire its intellectual property for the territories of India, Sri Lanka and Bangladesh, the company said in a statement. ...

  • Le Coq Sportif
    News briefs

    Descente divests Le Coq Sportif for China

    2023-09-27T08:44:00Z

    Japanese apparel company Descente is transferring the Le Coq Sportif brand for mainland China to its consolidated subsidiary Le Coq Sportif (Ningbo) Co, Ltd. for 4.9 billion Japanese yen (€31.1m). Le Coq Sportif (Ningbo) is 75 percent owned by Descente and 25 percent owned by Itochu Textile China and was ...

  • JD and Courir
    News briefs

    JD closer to buying Courir

    2023-09-27T07:14:00Z

    The acquisition of Courir has advanced to the next stage, with JD Sports Fashion signing an agreement to make the purchase for €520 million, as CMDsport reports. The sum is to comprise €325 million in cash and €195 million in redemptions. The deal remains subject to regulatory approval but is ...

  • Champion-logo
    News briefs

    HanesBrands evaluates strategic options for its Champion brand, weighs potential sale

    2023-09-20T16:37:00Z

    HanesBrands has announced that its board and executive team are assessing strategic options for the global Champion business, including “a potential sale or other strategic transaction,” the company said in a statement. That does not mean that the assessment process will result in any particular transaction or strategic outcome regarding ...

  • agilitas-sports mochiko-shoes
    News briefs

    Former Puma MD for India & Southeast Asia to buy India’s largest athletic footwear manufacturer

    2023-09-15T09:29:00Z

    Source: Puma Abhishek Ganguly India Retailing has reported that Agilitas Sports, co-founded by former Puma India & South East Asia Managing Director Abhishek Ganguly, will acquire Mochiko Shoes for an undisclosed amount. Agilitas Sports is a platform for sportswear and athleisure solutions, while Mochiko is India’s largest ...

  • Cuil Raccoon
    Article

    National Running Show organizer Raccoon acquired by investment company

    2023-09-07T14:04:00Z

    Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment by acquiring a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, other trade ...