Abéo SA acquired Eurogym Bvba from Lieven Vercruyssen.
November 07, 2021
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Abéo SA (ENXTPA:ABEO) acquired Eurogym Bvba from Lieven Vercruyssen on November 5 ,2021. Eurogym employs around ten people and generates profitable revenue of around €3 million. The acquisition was finalised on 5 November 2021 using available cash, with no material impact on the Group's net financial debt. Eurogym will be integrated into the Sports division and consolidated from November 1, 2021.
Abéo SA (ENXTPA:ABEO) completed the acquisition of Eurogym Bvba from Lieven Vercruyssen on November 5 ,2021. Valther Avocats acted as legal advisor to Abéo.
ABEO SA specializes in the design, manufacture and marketing of sports and leisure equipment. The group supports its professional clients (specialized sports halls and clubs, leisure centers, education sector, local authorities, building professionals, etc.) in the implementation of their projects. ABEO SA owns a portfolio of brands that are partners of sports federations and present at major sporting events, including the Olympic Games. Net sales break down by family of products as follows:
- gymnastics, team sports and physical training equipment (52%): gymnastic equipment, carpets, landing mats, training and competition gear, etc. (Bosan, Cannice, Erhard Sport, Gymnova, Janssen-Fritsen, Schelde Sport, Spieth Gymnastics and Sportsafeuk brands);
- changing rooms and sanitary equipment (27.5%): toilet cubicles, lockers and cabinets, shower walls, benches and coat racks, wall cladding, etc. (France Equipement, Meta, Navic, Prospec, Sanitec and Suffixe brands);
- walls, play modules and climbing equipment (20.5%): Entre-Prises, Top 30, Dock 39 and Clip'N Climb.
At the end of March 2023, the group operated 18 production sites located in France (5), Europe (8), the United States (3), China, and Canada.
Net sales are distributed geographically as follows: France (31.7%), European Union (41.8%), Europe (11.6%), America (14.1%) and Asia (0.8%).
ABEO SA 
