Jameson Smith & Co Ltd

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Thursday 23 August 2012

JD Sports Sale Going Ahead

JD Sports has a rugby brand called Canterbury and this is the part that is to be would for around £22.7 million to the retail company Blacks Leisure Group.

The brand Canterbury was established in 1904 in the New Zealand province of Canterbury and has been making and selling rugby tops ever since. It has grown since this date to become one of the worlds largest rugby brands.

The fact that Canterbury has recently secured a long-term agreement as the official rugby football union kit partner will make the deal more attractive to purchaser Blacks Leisure Group.

To compliment our recent internal blog on our website www.companydebt.com this is an ideal situation where a business sale can be a great opportunity for both companies involved, unlike a situation that involves an insolvent company with little chance of success going forward.