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New Deal


Announced

Arklyz Group to acquire The Athletes Foot from INTERSPORT International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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footwear

Disposal

Cross Border

United States

Acquisition

Pending

Footwear

Friendly

apparel

Single Bidder

Majority

Private

Synopsis

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Arklyz Group, a fast-growing powerhouse in the arena of sports, athleisure and workwear, agreed to acquire The Athletes Foot, a sneaker & streetwear chain, from INTERSPORT International, a sporting goods retailer. Financial terms were not disclosed. "Building on the successful partnership between IIC and Intersocks, we are very much looking forward to this new chapter of our co-operation," Param Singh, Arklyz Owner & CEO.

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