Intersport CEO Jacky Rihouet wants to give in around thirty of its storesmainly located in the north-west of France, to the Schiever mass distribution group, we learned from the Competition Authority.
Intersport, second player in the distribution of sporting goods in France behind Decathlon is, like Système U or E.Leclerc, a cooperative of nearly 300 entrepreneurs, who are each owners of one or more of the 800 stores specialized under this brand.
Mr. Rihouet, head of the Toussports holding company and CEO of Intersport, is in the process of handing over 20 Intersport stores and five Intersport outlets which it owns, according to a publication from the Competition Authority posted online on November 2 and spotted by the site l’Informé.
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This represents almost the entire holding company Toussports owned by the 64-year-old entrepreneur, whose mandate at the head of the cooperative should end in 2025, according to l’Informed.
Go Sport also in the viewfinder
In addition to the Intersport stores, Schiever could also take control of four Blackstore ready-to-wear stores, as well as two Go Sport stores.
Mainly present in Burgundy-Franche-Comté, Schiever notably operates food distribution brands such as Auchan, bi1, Maximarché and Proximarchéas well as DIY, decoration and gardening brands such as Weldom or Bricoman.
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The Competition Authority has opened a first phase of examination of the operation, lasting a maximum of 25 working days.
If at the end of this first examination, doubts remain as to the risk of harm to competition, the Authority may decide to open a second phase further review, which may take up to an additional 65 business days.
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