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Ekosport and IDI Strengthen European Market Presence

Ekosport and IDI Strengthen European Market Presence

Institut de Developpement Industriel SA IDI (FR:IDIP) has released an update.

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Ekosport, backed by IDI, has acquired Dutch online winter sports retailer SkiWebShop, marking a significant step in its European expansion. This acquisition aims to fortify Ekosport’s presence in the Benelux and DACH markets, with plans to reach a turnover of 200 million euros within three years. The company continues to seek additional acquisitions and expand its retail network, including new store openings in France.

For further insights into FR:IDIP stock, check out TipRanks’ Stock Analysis page.

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