Bankrupt French Sports Retailer Go Sport Acquired by Competitor for 35 Million Euros

5月 05, 2023

On April 28th, the Grenoble Commercial Court announced that the French sports retailer Go Sport has been acquired by Intersport France, with the court unanimously supporting the offer made by Intersport France. The acquisition will retain 90% of the jobs.

The Swiss sports retail giant Intersport‘s French subsidiary, Intersport France, will collaborate with Qatar-based company Al-Mana, which is responsible for Go Sport’s stores outside of France, to acquire 72 Go Sport stores, retaining 1,446 retail jobs and 185 headquarters positions. In this acquisition, Intersport Franc …