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CMS Hasche Sigle advises Intersport on 50 per cent stake in SABU

19/01/2009

Intersport, Europe's largest sportswear retailing group based in Heilbronn (Germany), has acquired a stake of 50 percent in SABU Schuh & Marketing GmbH, the second largest German shoe purchasing alliance. A team from CMS Hasche Sigle led by Dr Hubertus Kolster advised Intersport on all aspects of this transaction.

1200 shoe shops with a turnover of EUR 800 million operate within SABU. Intersport will henceforth supply the SABU shops with sports shoes and expects to generate an additional turnover of EUR 100 million.

SABU Schuh & Marketing GmbH belongs to SABU Schuh-Verbund eG as well as RSB Retail + Service Bank. Intersport has additionally acquired a 25 percent stake in the bank.


Advisers CMS Hasche Sigle:

Dr Hubertus Kolster, M&A, Corporate (Lead Partner)
Katharina Reuther, M&A, Corporate


Contact:

Dr Hubertus Kolster
Tel.: +49 69 71701 – 211

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Portrait ofHubertus Kolster
Dr. Hubertus Kolster
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