Frasers acquires South African sportswear retailer as it snaps up stake in Marks Electricals
Frasers Group has snapped up South African sportswear retailer Holdsport Group for an undisclosed sum on the same day it took a £3m stake in British brand Marks Electricals.
The Sports Direct and House of Fraser owner announced the acquisition of Holdsport today, which operates across retail, wholesale, manufacturing, distribution and ecommerce and has operations in South Africa and Namibia.
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