Tue, 29 Nov 2016 | BUSINESS SALE
JD Sports has added to its cluster of outdoor brands with the £112 million acquisition of Go Outdoors, making it the largest retailer of outdoor equipment in the UK.
The company, which already owns Blacks, Millets, Ultimate Outdoors and Scottish outdoor retailer Tiso, bought the 58-store chain from YFM Equity Partners and 3i Group.
Sheffield-based Go Outdoors, founded in 1998, is known for its ‘Aladdin’s cave’-style shops where outdoor enthusiasts can pick up anything from a “£10 walking shoe to a £900 air tent”.
Its stores, most of which are on retail parks, generated £202 million in sales last year. JD Sports’ outdoor brands made £155 million during the same period.
Go Outdoors founders Paul Caplan and John Graham will leave the business as a result of the deal.
Peter Cowgill, JD Sports chairman, said: "Go Outdoors is a great addition to our existing Outdoor business.
“The minimal overlap in store locations and their out of town, one-stop retailer approach complements the work we have done on the high street with Blacks and Millets and further strengthens our offering in the Outdoor sector. I am excited by the future prospects this holds for the JD Group."
In September, JD Sports acquired Australian firm Next Athleisure, which operates the fashion retailer Glue, as it kick-started new ventures in the southern hemisphere.
Find retail businesses for sale.
Best and final offers are sought by Thursday 12 December 2019. An opportunity exists to purchase the business and assets of a privately owned company. An upholstered furniture manufacturer offering a wide variety of designs and ranges.
Indicative offers are required by 17:00hrs on Wednesday 27 November 2019 with a view to completion shortly thereafter. The proposed Joint Administrators are seeking parties interested in the business and assets of two Companies that trade as Italian...
LEASEHOLD
Great reputation. Fully relocatable. Friendly and professional service. Bespoke loft conversions. Minimal competition. Offered on a relocatable basis. Offers invited.
RELOCATABLE
|
22
|
|
Nov
|
inTec Business Solutions acquires Titan Network Services | BUSINESS SALE
Manchester-based IT services company Titan Network Services ...
|
21
|
|
Nov
|
Buyer sought as North East contractor enters administration | ADMINISTRATION
A buyer is being sought for Pro-Fix Installations after the ...
|
20
|
|
Nov
|
Swindon waste-to-gas plant construction to resume after administration | ADMINISTRATION
An unfinished waste-to-gas facility in Swindon has secured &...
Sign up to receive our acquisition alert emails to get your FREE guide
|
12
|
|
Oct
|
Shopping centre in Northern Ireland for sale at £18m | BUSINESS SALE
Bow Street Mall in Lisburn, one of Northern Ireland's b...
|
10
|
|
May
|
Retail chain Go Outdoors explores sale options | BUSINESS SALE
UK retail chain Go Outdoors has brought in professional serv...
|
25
|
|
Nov
|
JD Sports sells Bank to Hilco Capital | BUSINESS SALE
JD Sports has set in motion a sell off of its flagging fashi...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources