JD Sports buys retailer Go Outdoors in deal worth £112.3m

JD Sports buys retailer Go Outdoors in deal worth £112.3m
 

The deal will see JD Sports buy the 58-store tents to cycles retailer from YFM Equity Partners and 3i Group and adds to the group's stable of outdoor brands such as Blacks, Millets and Ultimate Outdoors. 
As a result of the deal, Go Outdoors founders Paul Caplan and John Graham will leave the business. 
JD Sports chief executive Peter Cowgill 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... read more

 
28 November 2016 in Business, Views: 41
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