3 December 2021
In addition to the previously acquired 44% stake in Energetický a průmyslový holding, J&T Capital Partners has now invested in EC Investments,1 which co-owns stakes in companies operating in the e-commerce sector, such as the online comparison shopping site Heureka and the online food retailer Košík.cz. EC Investments presently continues to own also a minority stake in the Mall Group, which is the subject of a recently signed selling transaction with the leading Polish e-commerce company Allegro.
A second recent investment was in SUPRATUC 2020,2 a joint venture with the leading Spanish retail group Eroski. SUPRATUC 2020 is the number-one food retailer in the Balearic Islands and one of the four largest chains in Catalonia. It operates a network of more than 480 stores in the two regions under the Eroski and Caprabo brands.
Last but not least, the J&T Capital Partners portfolio was also expanded by an investment in shares of traditional football clubs.3 In addition to Sparta Praha, this includes a minority stake in the English football club West Ham United.
Qualified investors of the J&T Arch Investments fund can also participate indirectly in economic benefits of the J&T Capital Partners holding.
*Detailed overview of recent acquisitions:
- The investment was made through acquisition of a 44% stake in EC Investments a.s, which, among other things, owns a 40% stake in the e-commerce group Mall Group, the online comparison shopping site Heureka, and Fast ČR, a retail and wholesale seller of consumer electronics and home appliances.
- The investment was made through acquisition of a 50% stake in EP HoldCo, a.s., which indirectly owns a 50% stake in SUPRATUC 2020.
- Football clubs were incorporated into the holding through acquisition of a 44% stake in 1890s holdings a.s., which owns a 99.9% share in the AC Sparta Praha football club, and which at the beginning of November 2021 acquired a minority (26.98%) stake in the English West Ham United football club. The transaction documentation has been signed, but part of that settlement is subject to approval of the antitrust authorities.