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.
Operating internationally, the company offers the development, hosting, and maintenance of electronic document management software. The business provides maintenance contracts, licences, installation, and training for its software.
This well-established business excels in resin floor installation and repairs, alongside additional services like stainless steel drainage installations, catering to diverse sectors including engineering, aerospace, and healthcare across South West E...
The companies supply an array of gases to suit various applications, with the group’s offering comprising all types of argon, oxygen, acetylene, nitrogen, carbon dioxide, refrigerant gases, propane and butane.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.