Arklyz Group’s Acquisition of Asphaltgold

Gütt Olk Feldhaus and MOOG advised the founder and sole shareholder of asphaltgold GmbH & Co. KG.

Arklyz, the owner since 2021 of The Athlete’s Foot, the sports lifestyle footwear banner previously owned by Intersport International (IIC), has acquired Asphaltgold, a European omnichannel provider of high-end sneakers and streetwear based in Darmstadt, Germany.

Since its incorporation in 2008, Asphaltgold, headquartered in Darmstadt, has become one of the leading online stores for pinnacle sneakers and contemporary streetwear apparel in the top-tier segment. Asphaltgold also operates a flagship store in Darmstadt and today counts more than 200 employees.

Arklyz Group, headquartered in Stans, Switzerland, is active in the sports, lifestyle and athleisure sectors. Arklyz Group’s portfolio includes the international streetwear retailer The Athlete’s Foot as well as the sports socks manufacturer Intersocks.

The founder of Asphaltgold will continue to serve the company as managing director.

The Gütt Olk Feldhaus team included Adrian von Prittwitz (Picture – Partner, Corporate/M&A, Lead), Thomas Becker (Of Counsel, IP/IT/data protection), Dr Dominik Forstner (Associate, Corporate/M&A).

The MOOG team was led by Marc Sälzer (Tax).
 

Involved fees earner: Thomas Becker – Gutt Olk Feldhaus; Dominik Forstner – Gutt Olk Feldhaus; Adrian von Prittwitz und Gaffron – Gutt Olk Feldhaus; Marc Sälzer – MOOG Partnerschaftsgesellschaft mbB;

Law Firms: Gutt Olk Feldhaus; MOOG Partnerschaftsgesellschaft mbB;

Clients: Asphaltgold;

Federica Tiefenthaler

Author: Federica Tiefenthaler