Transaction
Frasers Group acquires Dutch sports retailer
April 11, 2024
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British fashion and retail company Frasers Group is poised to acquire the physical shop premises and all shares of sports fashion chain Twin Sport Holding. In addition, Frasers Group is also in negotiations to acquire over 10 former shop locations of bankrupt Sports Unlimited.
Twin Sport is part of the Intersport franchise, has 17 shops in the Netherlands along with a webshop. With that, the company generated around €75 million in turnover in 2023.
Frasers Group is also in negotiations to acquire over ten former shop locations of sports retailer Sports Unlimited Retail, known for Perry Sport, Sprinter and Aktiesport. Sports Unlimited - owned by JD Sports - was declared bankrupt in December.
The acquisition of both Twin Sport and the possible takeover of the former Sprinter shops will increase the presence of Frasers Group's sports shops across the Netherlands. Currently, the holding company already operates in the Netherlands as owner of Sports World. That brand has five shops spread across the Netherlands.
CBRE Netherlands advised Frasers Group in acquisition by advising on the retail real estate.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
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