JD Sports Fashion closed its acquisition of Go Outdoors over the weekend in a £112.3 million deal. The outdoor pursuits specialist has been up for sale by its private equity owners, YFM Equity Partners and 3i Group since August.
Go Outdoors operates a chain of 58 stores and achieved sales of £202.2 million for the 53 weeks to 31st January 2016. Its founders Paul Caplan and John Graham will be leaving the business which they founded in 1998.
JD Sports CEO Peter Cowgill said “Go Outdoors is a great addition to our existing outdoor business. The minimal overlap in store locations and their out-of-town, one-stop retailer approach complements the work we have done on the high street with Blacks and Millets.”
CMA approval for the deal was granted in May 2017.
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