Decathlon set to buy 50% of Sport 2000 France to expand ski resort presence
The deal would give Decathlon access to 190 Sport 2000 stores and the ski rental market as discussions continue, the companies said.
28 Articles
28 Articles
The operation could be concluded in 2027 and rebuff the cards of the sports equipment market in France.
Decathlon wants to take 50% of Sport 2000 France, announced this Monday, August 31. The sport leader in France hopes to strengthen his presence in rural areas and mountain resorts.
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Decathlon set to buy 50% of Sport 2000 France to expand ski resort presence
LONDON, Aug 31 : Decathlon has signed a letter of intent to buy 50 per cent of Sport 2000 France, owned by sports retail group Céraclès Coopérative, in a deal that would expand its presence in French ski resorts, the two companies said on Tuesday.Ceracles' Sport 2000 stores would remain independently opera
Decathlon, the leading French sporting goods retailer, has signed a letter of intent with Céraclès Coopérative, formerly Sport 2000 France, for this acquisition, the value of which has not been disclosed. This acquisition could be finalized "during 2027," subject to approval from the French Competition Authority, Bastien Grandgeorge, CEO of Decathlon France, told AFP. Decathlon would not directly acquire the Sport 2000 stores in France, which w…
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