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Gulf Marketing Group (GMG), a Middle Eastern family-owned holding company, is expanding its global presence in the sports retail market through the purchase of Royal Sporting House (RSH), a multi-brand sports retailer in Southeast Asia. Over the last four decades, the GMG Sports division has expanded from a single retail store in Dubai to more than 300 stores in 18 cities across six countries, becoming the largest sports retailer in the MENA region. The GMG Sports portfolio includes homegrown brands such as Sun and Sand Sports as well as being a distributor for global brands like Nike, Columbia, Timberland, Vans, and more. ....
Asia Dealbook: GMG purchases Royal Sporting House and two other acquisitions REUTERS/Yuriko Nakao Premium UAE-based family-owned holding companies Gulf Marketing Group (GMG) has acquired Royal Sporting House; Japanese PE firm Advantage Partners has jointly acquired Q’Sai, a local health food and cosmetics business; and J-Star has taken a controlling stake in Genex Inc. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at [email protected]. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories left placeholder You have one free story left this month. ....
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