Date: 28 June 2021
Buyer: JD Sports Group
Business: Online only sports equipment retailer
Value: €140.4m (£120.4m)
Details: JD Sports Group has acquired an 80% stake in Spanish online sports equipment retailer Deporvillage for €140.4m (£120.4m). €40.4 million of the €140.4 million acquisition price has been deferred and will be paid depending on the performance of the retailer this year. In addition, a number of put and call options to enable future exit opportunities for the founders, and current minority shareholders, Xavier Pladellorens and Ángel Corcuera have also been agreed, which commence two years after completion. Completion of the acquisition of the 80% stake is subject to receiving antitrust clearance.