Brantano Group acquires Danny Sport.

Brantano, the Erembodegem based shoe retailer, has acquired Danny Sport, a local shoe retailer, which operates two stores ( Munkzwalm and Hofstade) in East Flanders that sell shoes and sporting goods. With the acquisition of Danny Sport, the Brantano Group anticipates receiving around € 4 million in additional sales revenue on an annual basis. The takeover involves the acquisition of all of the assets of Danny Sport. The Danny Sport stores will be quickly integrated into the Brantano organisation, which should lead to their attaining the same level of profitability as the other Brantano stores relatively soon, according to the Brantano Group. No financial terms were disclosed.
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28/05/2012 12:26
BENOEMINGEN
Terje Andersen Terje Andersen
Country Manager Noorweg... ODLO
Thierry Destexhe
Regional Manager Benelu... HAIER