The idea of a merger was announced back in January. EK-Servicegroup, the German multi-industry buying organization, has now agreed to acquire three quarters of the shares in Euretco, the Dutch licensee of Intersport and owner of the retail banners Runnersworld and Coach.
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Euretco, 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 […]