Go to deals
Consumer & Retail

Kubus Sports has raised debt to acquire Naish

The financing was provided by Rabobank and will support Kubus Sports’ strong international growth ambitions.

Kubus Sports, founded in 1970 and headquartered in the Netherlands, is the owner and value-added distribution platform for premium quality sports equipment brands, covering various niche markets, including STX, Prolimit, Storm, Ohana, Brabo Hockey, Brabo Padel, STX Snow, Atom and Princess Hockey. The company’s all-season product and brand portfolio is focused on fun and water sports (SUP, kiteboarding, windsurfing, wingsurfing, foiling, sailing and wakeboarding), field hockey and padel, and winter sports markets. Kubus is highly successful in building market leading brands through its in-house R&D, design, sales and marketing capabilities. Several renowned third-party brands such as Elan, Nitro and Giro have chosen to team up with Kubus as exclusive value-added distributor, providing logistics, distribution and marketing services, as well as brand building support.

Oaklins’ team in the Netherlands acted as the exclusive buy-side M&A and debt advisor to Kubus Sports and assisted in all aspects of this transaction, from structuring and negotiating to arranging debt financing. This transaction complements a long list of mergers, acquisitions and divestments Oaklins has advised on in the international sports sector. On the back of this track record, Oaklins has detailed insights in sector dynamics, valuation trends and personalities, as well as the buyer and target universe.

“We at Kubus Sports are extremely excited about this opportunity for both companies. We will further strengthen the distribution and portfolio of the Naish brand. At the same time, the acquisition puts us in a position to grow our presence in all main markets around the world. The pleasant cooperation with Oaklins’ M&A and debt advisory teams in many aspects of the transaction contributed to a successful outcome for Kubus Sports and Naish and made it a comfortable ride. Throughout the process, we felt that Oaklins was determined to deliver the best possible results and outperformed our expectations. Their professional and at the same time personal approach felt like a real partnership.”

Alex Cretier

CEO, Kubus Sports

Talk to the deal team

Bas Stoetzer

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Niels Vermuë

Associate Director
Amsterdam, Netherlands
Oaklins Netherlands

Tobias Hak

Associate
Amsterdam, Netherlands
Oaklins Netherlands

Related deals

AYANDA CAPITAL has added a new investor to its shareholding
Consumer & Retail

AYANDA CAPITAL has added a new investor to its shareholding

A new investor, Thierry Jacobs, has joined AYANDA CAPITAL S.L.’s shareholding with a minority stake.

Learn more
Goldlight has been acquired by Grenardi Group
Consumer & Retail

Goldlight has been acquired by Grenardi Group

AS Grenardi Group, the largest Baltic jewelry retailer, has acquired Goldlight.

Learn more
Nuzoa has acquired Dinazoo
Consumer & Retail

Nuzoa has acquired Dinazoo

Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Dinazoo. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.

Learn more