Deporvillage news and archive

JD Sports Fashion’s Spanish holding buys additional 18 percent stake in Deporvillage

JD Sports Fashion Plc has announced that Iberian Sports Retail Group SL (ISRG), the group's existing 50.02 percent intermediate holding company in Spain, acquired an additional 18 percent stake in Deporvillage SL from co-founders Xavier Pladellorens and Àngel Corcuera for cash consideration of 19.8 million euros. Deporvillage was founded in 2010...

Business

JD Sports Fashion acquires majority stake in Deporvillage

JD Sports Fashion Plc has announced that on June 25, 2021, Iberian Sports Retail Group SL (‘ISRG’), its existing 50.02 percent intermediate holding company in Spain acquired 80 percent stake in Deporvillage for 140.4 million euros. Commenting on the transaction, Peter Cowgill, executive chairman of JD Sports Fashion Plc, said: “Deporvillage has...