Headline: Frasers Expands Presence in Germany with SportScheck Acquisition
Deal Type: Acquisition
Acquiring Company: Frasers
Target Company: SportScheck
Target Company Services: Sports Clothing Retailer
Deal Valuation (if available): n/a
Country of Target: Germany
Target Company Industry: Sports & Fashion
Deal Rationale: Frasers aims to become Europe’s top sports retailer with the acquisition of SportScheck.
Deal Summary: Frasers, the British sports and fashion group, is acquiring SportScheck, a German chain with 34 stores, in pursuit of its strategy to become the leading sports retailer in Europe. The financial details of the deal were not disclosed.