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New Deal


Announced

JD Sports Fashion to acquire an 80% stake in Deporvillage for $168m.

Financials

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Transaction Value£120m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For80%
EV/Sales1.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sports equipment

Private

Friendly

Spain

Cross Border

Pending

Majority

Single Bidder

Clothing and Accessories

Acquisition

Private Equity

Synopsis

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JD Sports Fashion, a retailer of sports, fashion and outdoor brands, agreed to acquire an 80% stake in Deporvillage, a retailer focusing on the sale of specialist sports equipment principally for cycling, running and outdoor, for $168m. $48m from the total consideration is contingent upon revenue milestones. "Deporvillage has a strong consumer-centric approach and is the market leader in its categories in Spain with significant potential for further international development. We look forward to closing the transaction and welcoming the Deporvillage team to the group," Peter Cowgill, JD Sports Fashion Executive Chairman.

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