Possible German takeover in Dutch sporting goods retail

euretco_RWBergenopzoom1-300x168Euretco, the Dutch licensee of Intersport and headquarters of the banners Runnersworld and Coach (to be transformed into The Athlete’s Foot this year), may be taken over by a German retail organization. The Dutch trade publication Sport Partner says that advanced negotiation are taking place with the German multi-industry retail service company EK Servicegroup.

EK Servicegroup assists retailers in various industries such as houseware, garden, babies & toys, office material, fashion, consumer electronics, books among others. The company’s services include logistics, buying, shop design, centralized invoicing and fulfillment among others. EK has annual sales of €1.3 billion, while Euretco’s revenues were about €922 million in 2013. Euretco currently works with 2,200 companies, running 3,250 points of sale.

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