Intersport France finalises purchase of Spanish subsidiary for 300,000 euros

Intersport France is poised to become the future owner of the brand and central purchasing office of its Spanish counterpart. According to Modaes, the French subsidiary has submitted an offer of 300,000 euros. This includes the acquisition of assets, some suppliers, and the integration of a significant portion of the workforce. The deal is still pending final judicial approval. It would mark the end of the company's insolvency proceedings in Spain and ensure the brand's operational continuity in the Iberian market.