Leslie’s Poolmart has completed the acquisition of Valley Pool Sales (Valley Pool & Spa).
The target company is a supplier of swimming pools and spas, while the acquirer company provides swimming pool supplies and associated products.
The transaction involves the acquisition of six Valley Pool & Spa stores, e-commerce operations, and associated warehouses and corporate offices.
Both the companies involved in the acquisition are based in the US.
Zinox Technologies has completed the acquisition of a 100% stake in Konga Online Shopping (Konga.com) from Naspers Limited and Kinnevik.
Zinox Technologies is an information technology (IT) services provider while Kinnevik is an investment company.
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By GlobalDataNaspers is engaged in the internet, pay-television and print media businesses.
Naspers and Kinnevik are based in South Africa and Sweden respectively, while Zinox and Konga are situated in Nigeria.
The transaction allows Zinox Technologies to take ownership of KongaPay and KOS-Express of Konga.com. It also enables the company to diversify its operations into e-commerce.
Midwest Timer Service has completed the acquisition of Lectro Components for an undisclosed value.
The acquirer company is a producer of electromechanical timers and synchronous motors, while the target company is a distributor of electrical equipment.
Both the companies involved in the acquisition are based in the US.
JD Sports Fashion (JD) has received approval from the European Commission to complete the acquisition of Sport Zone from Sonae.
JD previously exchanged conditional contracts to integrate Sport Zone with its JD Sprinter Holdings (JDSH).
JD will pay a 30% stake in JDSH and €7.1m ($8.7) in cash to Sonae for the acquisition. It has also agreed to acquire shares in JDSH from Balaiko Firaja Invest (Balaiko), under a separate agreement.
The transaction will enable JD to expand its presence in Portugal, Spain and Canary Islands.
UK-based supermarket operator Sainsbury’s has completed the acquisition of Aimia, a Canadian marketing and loyalty analytics firm, for £60m ($83.2m).
Under the transaction, Sainsbury’s has acquired the Nectar loyalty programme and related assets of Aimia, which also include associated trademarks.
Aimia will continue to provide customer insights and data analytics platforms to clients outside the UK, following the completion of the acquisition.
RBC Capital Markets was the financial adviser to Aimia for the transaction.