Frasers acuires South African sporting goods company Holdsport

Scroll down to read more Frasers has announced the conclusion of the acquisition of South Africa's leading sporting, outdoor and recreation goods company, Holdsport from Old Mutual Private Equity (OMPE) and latter’s management. The company said in a release that Holdsport is a diversified business operating across retail, wholesale, manufacturing, distribution, and e-commerce, focused on the sport, outdoor, and recreation sectors across South Africa and Namibia. Commenting on the acquisition, Michael Murray, CEO of Frasers Group, said: "Holdsport has built an incredible brand and...