English JD already it Sole shareholder of Iberian Sports Retail Group (ISRG) is the parent company that controls the company’s business in Spain and Portugal, which also includes: sprinter. The following statements were made in the Trade Registry Official Gazette this Tuesday: single person statement After the holding carries out the relevant operation Multinational acquires 49.98% of remaining securities held by Portuguese Sonae and Segarra familyFounder of the above-mentioned sports store chain.
Registering with the registry puts an end to a lengthy process. It started last MayWhen minority partners decide activating an article of the agreement Its partnership with JD Sports forced the British firm to either sell its shares to them or buy its own stake. A decision taken in response to disputes arising regarding the future development of the group’s different brands.
After several months in which Segarras openly expressed his preference to continue running the company, JD finally decided to keep things under wraps for a while. amount exceeding 500 million euro, as communicated to the regulator of the British stock exchange, where it was listed in July.
This decision meant: Separation of Sprinter shareholding from the founding familyalso members I gave up all administrative responsibilities There were different companies that made up the holding. In fact, JD has appointed a new general manager for its sporting goods store chain Catalan. Francesc Casabella.
In this sense, in addition to the sole declaration of ISRG, Borme also published these days the expulsion of members of the Segarra family and representatives of Sonae from the boards of directors of different companies and subsidiaries controlled by the holding. . .
ISRG last fiscal year Sales of 1,239.3 million eurosAn increase of 19.4% compared to the previous year and a consolidated profit of €96.6 million, an increase of almost 32%. The group currently operates more than 460 stores across Europe; these include JD in Iberia, Sprinter in Spain, Sport Zone in Portugal and Aktiesport and Perry Sport in the Netherlands. It also owns a 98% stake in online cycling business Deporvillage and a 50.1% stake in fitness equipment business Bodytone.