GERMANY - Industri Kapital acquires Sport Group from ECM

Headquartered in Germany, Sport Group has over 550 employees. The group has three main product groups: artificial turf, tracks and playgrounds. In 2005, it generated sales of approximately EUR 130m.

The market for sports surfaces is attractive due to high growth rates and consolidation is expected in the mid-term. Sport Group’s main goal is to continue to grow the business internationally and to become the overall market leader in Europe, through implementing an active consolidation strategy.

Detlef Dinsel, partner at Industri Kapital, says: 'Sport Group benefits from a good market position and strong technology.' The transaction is subject to customary merger control approvals.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• DACH