Decathlon and Céraclès Coopérative, formerly Groupe Sport 2000 France, have signed a letter of intent for Decathlon to acquire a 50% holding in SAS Sport 2000 France.
According to a translated version of the press statement, the proposed deal is confined to French operations.
Financial terms of the deal were not disclosed.
Under the proposed arrangement, the two retailers are exploring how to leverage the complementarity of their store networks, product ranges, and specialist expertise to provide a service centred on advice and local relevance.
In a statement posted on LinkedIn, Céraclès Coopérative said: "This approach is based on a simple but very strong conviction: our two ecosystems have complementarities that can contribute to better serving athletes, all levels combined, and to strengthening proximity with customers, clubs and territories."
#coop #france #racl
According to a translated version of the press statement, the proposed deal is confined to French operations.
Financial terms of the deal were not disclosed.
Under the proposed arrangement, the two retailers are exploring how to leverage the complementarity of their store networks, product ranges, and specialist expertise to provide a service centred on advice and local relevance.
In a statement posted on LinkedIn, Céraclès Coopérative said: "This approach is based on a simple but very strong conviction: our two ecosystems have complementarities that can contribute to better serving athletes, all levels combined, and to strengthening proximity with customers, clubs and territories."
#coop #france #racl
2 days ago
