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MBO Likely For UK Crabtree Sports & Leisure

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ST ALBANS, UK (October 15) – UK importer/wholesaler Crabtree Sports and Leisure MD Julian Pointon is likely to takeover the company from its ‘mother’ ActionLeisure PLC. ActionLeisure PLC has gone into administration last week. With 684 employees ActionLeisure is active in the sales of motorcycles, bicycles, fitness and marine equipment and realized a turnover of […]

ST ALBANS, UK (October 15) – UK importer/wholesaler Crabtree Sports and Leisure MD Julian Pointon is likely to takeover the company from its ‘mother’ ActionLeisure PLC. ActionLeisure PLC has gone into administration last week.
With 684 employees ActionLeisure is active in the sales of motorcycles, bicycles, fitness and marine equipment and realized a turnover of GBP 37 million (EUR59 mn) during the first half of 2000.
Crabtree Sports and Leisure is not affected by the financial troubles of its ‘mother’. The MBO by Crabtree MD Julian Pointon is likely to take place this month. (JO)

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