Frasers to acquire a minority stake in Hudson.

Frasers, a British retailing group, agreed to acquire a minority stake in Hudson, a Malta-based sport and fashion retailer and distributor focusing on Southern Europe and Africa. Financial terms were not disclosed. “We are thrilled to announce that, subject to certain conditions being met, Frasers Group has agreed to join forces with Hudson on our journey. This investment will enable us to accelerate our growth in Southern Europe and Africa, regions that are also key to Frasers Group’s expansion strategy. With our extensive experience in Africa, combined with Frasers’ exceptional retail expertise, strong brand portfolio, and focus on innovation and efficiency, Hudson will be well-positioned to expand its existing business and unlock new opportunities,” Chris Muscat, Hudson Group CEO.