Forest Agency Named Exclusive Business Partner for Osprey in Poland

Osprey, a global leader in the backpack and luggage market, is restructuring its sales operations in

more

Mammut Signs New Distribution Deal with SAT Sp. z o.o

Swiss outdoor gear giant Mammut has announced a major shift in its distribution strategy in Poland.

more

Baller League Secures $25M in Funding Led by EQT Ventures, Backed by Football Icons Hummels and Podolski

Baller League, the innovative six-a-side indoor football competition, has announced a significant bo

more

Romet Unveils Ambitious Growth Plans to Strengthen its Position in the Bike Industry

Polish bicycle brand Romet, a veteran in the cycling industry with over 75 years of expertise, is ch

more

Central Europe Emerges as a Leading E-Bike Production Hub

Central Europe is solidifying its reputation as a key player in the global e-bike industry, becoming

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » CE Sports Business News » Orbico Group to Acquire Champion Brand Distributor HBI Italy Acquisition


Orbico Group to Acquire Champion Brand Distributor HBI Italy Acquisition

2024-10-19 source own

Croatian consumer goods distributor, Orbico Group, is set to acquire HBI Italy Acquisition, the distributor of Champion brand sportswear, according to a notice submitted to North Macedonia's competition regulator. The deal will include HBI Italy Acquisition's subsidiaries located in Italy, Ireland, and Germany, as confirmed by North Macedonia's Commission for Protection of Competition.

As Orbico operates in North Macedonia through its subsidiary, Orbico Doo Skopje, the company was required to notify the local regulator of the acquisition.

Currently, HBI Italy Acquisition is owned by U.S.-based Authentic Brands Group LLC, according to reports from Croatian daily Jutarnji List. Through its subsidiaries, HBI Italy Acquisition manages the distribution of Champion sportswear across several European markets.

This acquisition marks a significant expansion for Orbico, reinforcing its presence in the European sportswear market.

"Don't miss out on the latest insights and trends in Central Europe's thriving sports industry. Register now to receive Cesport's exclusive Business Report, offering valuable information on doing business in the region and an overview of the dynamic Sporting Goods market. Click here to access the report and unlock the potential of Central Europe's sports business landscape.