on COMPAGNIE DES ALPES (EPA:CDA)
Compagnie des Alpes Acquires Luxembourg's Sport4Lux
Compagnie des Alpes, through its subsidiary Urban Soccer, has completed the acquisition of Sport4Lux, a premier sports centre in Munsbach, Luxembourg. This acquisition represents a strategic move for Urban Group, marking its initial expansion into Luxembourg.
With Luxembourg boasting the highest GDP per capita in Europe, the acquisition is a key step in Urban's European growth strategy. As part of the integration, the Paris Saint-Germain Academy France will expand into Luxembourg, offering enhanced sports experiences. Partnerships with brands like Nike and HEAD will boost merchandising, while Urban Group's operational expertise will enhance user experiences.
Urban Group aims to bolster its presence in France and capitalize on its market position to grow across Europe, making high-quality sports more accessible.
R. P.
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