Sports Direct to pay €47.5 million to buy retailer Heatons

UK sports retailer Sports Direct has reached an agreement to buy retail group Heatons, which has 44 stores in the Republic and 10 in Northern Ireland, for €47.5 million

6th October, 2015

UK sports retailer Sports Direct has reached an agreement to potentially buy all of retail group Heatons, which has 44 stores in the Republic and 10 in Northern Ireland, for €47.5 million.

The UK company, which was founded by billionaire football club owner Mike Ashley, already owns 50 per cent of Heatons. Its stores in the Republic have a “SportsWorld” section in each shop while the Northern Irish stores contain a Sports Direct branded section or are...

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