Courir news and archive

JD Sports acquires Courir for 520 million euros

JD Sports Fashion has announced the completion of its acquisition of French sneakers player Courir. The company said in a release that the acquisition price is 520 million euros, paid through a combination of existing cash and a drawdown on the company’s revolving credit facility. In the year to December 31, 2023, Courir reported revenue of...

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JD Sports proposes acquisition of France’s Courir, simplifies European shareholdings

JD Sports Fashion has announced its intention to take acquisitive steps towards French sportswear company Courir as it looks to fulfil growth ambitions it had previously outlined in February. The group said that it had entered into “exclusive negotiations” with the owner of Groupe Courir with regards to a potential future acquisition of 100...