BLK SPORT FOUNDER TYRON BRANT REMAINS CEO UNDER NEW OWNERS
20 January 2017, Written by Business News Australia
BLK Sport has been purchased from receivers McGrathNicol by a private consortium composed of a TimorLeste-based oil company and Fiji investors in a deal that keeps founder Tyron Brant (pictured) as CEO and allows most of the company's staff to retain their jobs.
"One of the most important things for me is that we can continue our work on BLK, which is a globally recognised brand and is achieving fantastic things all over the world, and there is an opportunity to push forward, not only in Australia, but globally; and I am proud that we have been able to retain hundreds of jobs in Fiji and around the world. I am looking to double that moving forward."
The major loss to the BLK business had been its supply contracts to four AFL teams and the Gold Coast Titans in the NRL.
BLK Sport manufactures and supplies apparel for sporting clubs and fans worldwide, including player kits for top-tier rugby union, rugby league, soccer and netball franchises.
Author: Business News Australia