business news: Sport-Master of Denmark is no longer a voluntary group

by SGI Europe on May 21, 2012 • 14:07

Sport-Master, the largest cooperative of sporting goods retailers in Denmark, is going to become an integrated retail chain. An equity investment company, Nordic Capital Fund VII, has signed an agreement to take it over, along with its parent company, Sport Danmark, and 96 percent of its 100-plus affiliated stores inDenmark, the Faroe Islands andGreenland. The terms of the agreement, which is subject to approval by the anti-trust authorities, could not be learnt at this time. Sport-Master works with Sport 2000 International. More in SGI Europe.