Announced
Completed
Financials
Sources
Tags
Completed
golf equipments
Private Equity
Denmark
Acquisition
Cross Border
Single Bidder
Private
Specialty Retailers
Majority
Friendly
Synopsis
Röko, an investment company, completed the acquisition of an 80% stake in Golf Experten, a retailer of golf equipment, apparel and clothing. Kim Johansen, Golf Experten founder, together with Kim Jacobsen and Michael Christiansen, will retain 20% of the shares. Financial terms were not disclosed. Golf Experten operates with a strong omnichannel-approach, which ensures that customers can get what they want, when they want it. This approach contributes to a very high level of customer loyalty and customer satisfaction, which is supported by loyalty programs, a comprehensive customer club with more than 80k members, and finally professionally trained staff across their retail stores.
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