Announced

Completed

ABEO completed the acquisition of a 70% stake in ELI Play.

Synopsis

ABEO, an international Group positioned among the leading European players in the sports and leisure equipment market, completed the acquisition of a 70% stake in ELI Play, a European manufacturer and supplier of kids' corners, indoor playgrounds, trampoline parks, and HiT iT! arenas and sports courses. Financial terms were not disclosed. “The acquisition of ELI Play is fully aligned with our growth and consolidation strategy in the promising Sportainment segment. It also strengthens our position in Europe, where our presence in this segment is currently expanding,” Olivier Estèves, ABEO Group CEO.

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MergerLinks - ABEO completed the acquisition of a 70% stake in ELI Play.