November 1, 2013
Consumer, Retail, E-commerce and Leisure, Digital Media and Media
GCA Altium acted as financial adviser to ActivInstinct on the sale of a majority stake to JD Sports Fashion.
ActivInstinct is a UK-based online retailer of performance sports clothing, equipment and accessories, operating under the domains www.activinstinct.com and www.milletsports.co.uk. ActivInstinct, founded over 25 years ago by the Millet family, had annual sales of £24m.
JD is the leading retailer and distributor of branded sportswear and fashionwear in the UK with over 800 stores. JD also has a growing performance sports and outdoor division. JD is listed on the London Stock Exchange and has revenues of £1.3bn and operating profits of £56m.