on ABEO (EPA:ABEO)
ABEO acquires Sodex to strengthen its Sports division
ABEO, the world leader in sports equipment, announces the acquisition of 70% of Sodex, a sports equipment manufacturer based in Vietnam. Founded in 1991, Sodex established itself in Vietnam in 2000 and specializes in the manufacturing of various sports equipment. These products benefit from international certifications, highlighting their quality and reliability.
With nearly 200 employees, Sodex exports primarily to Southeast Asia and Oceania and has a logistics platform in France. In 2024, its revenue reached €7.5 million. Sodex's strategic location in Vietnam provides ABEO with a competitive edge in a growing Asian market.
The acquisition, financed by ABEO's cash, is to be consolidated from June 2025. This merger is part of ABEO's international development strategy, expanding its capacity to produce locally for various markets.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all ABEO news