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Article Date: November 2024
Word Count: 175

Frasers Group Buying South African Retailer


The Sports Direct parent is acquiring Holdsport Group, which operates South Africa’s leading sporting goods chains Sportsmans Warehouse and Outdoor Warehouse, as well as sneaker and streetwear retailer Shelflife, from Old Mutual Private Equity and management. Terms of the deal were not disclosed. Holdsport is led by CEO Bradley Moritz, and its fleet totals 88 doors in South Africa and Namibia, generating revenues of over R3 billion ($163 mm) last year. The deal is expected to close in ... Log in to view full article.

 


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