Kukri Sports Converts New Ownership
UK-based sportswear brand Kukri Sports has been acquired by its Group Executive Chairman, Andrew Ronnie.
The management buyout sees Andrew Ronnie take control from previous majority shareholders, British sports and fashion retailer JD Sports.
Kukri Sports has stated that the change is set to ensure ‘a seamless continuity for the brand’s esteemed partners, while also paving the way for new opportunities and pioneering initiatives in the bespoke sportswear market.’
NatWest bank has provided financial assistance to aid the transition of ownership, with the UK bank also ‘set to support the brand in future endeavours.’
Andrew Ronnie, the new owner of Kukri, said, “Acquiring Kukri Sports is a significant milestone in my journey. Having been with the business for many years I am deeply committed to building on the brand’s legacy and steering it towards a future filled with growth, innovation, and unparalleled quality. With the support of our partners and the dedication of our team, I am confident that Kukri Sports will continue to thrive and set new benchmarks in the industry.”
Kukri Sports currently boasts Commonwealth Games England, Ulster Rugby and Yorkshire CCC among its roster of clients.
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