Morris Law has acted as legal advisor to a consortium of management, existing minority shareholders and new investors in connection with Adelis Equity Partners (“Adelis”) divestment of its majority ownership in INTERSPORT Sweden.
INTERSPORT Sweden gets new owners when Adelis divests its majority ownership to a consortium consisting of management and board of directors, existing minority shareholders and new investors – including former and current INTERSPORT dealers. With a new ownership structure, INTERSPORT will have new opportunities to invest in the future and continue the journey towards creating Sweden’s most inspiring sports destination.
INTERSPORT Sweden is one of Sweden’s leading sports chains and has been working for more sports and physical activity in everyday life since its inception in 1968. Thanks to INTERSPORT Sweden’s strong local presence, INTERSPORT Sweden collaborates with 1,200 associations and sports clubs with 320,000 active children and young people in various sports. INTERSPORT Sweden has a turnover of 2.6 billion SEK and is part of Intersport International, IIC.
The team at Morris Law mainly consisted of Gustav Thorslund (M&A), Racine Ashjari (M&A) and Robert Starck (Tax). You can read more about this transaction here: https://www.mynewsdesk.com/se/intersport/pressreleases/new-owners-in-intersport-adelis-
