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Activa invests in Sport 2000

07/05/2008Source: AltAssets.  

Paris-based private equity firm Activa Capital has agreed to take a 37 per cent stake in French sports retailer Sport 2000. Financial terms of the deal were not disclosed.

Sport 2000 operates 530 stores across France. The company's worldwide turnover is €2.3bn in 13 countries, according to a statement.

Activa has €500m under management. The investment in Sport 2000 is the first from the firm's Activa Capital II fund, which closed in 2007 on €320m.

In March 2008, Activa announced the sale of road transport company Malherbe.

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