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Fila European licence owner up for sale

Sports fashion group Integrix, owner of the European licence to sportswear brand Fila, has been put up for sale.

The company has appointed adviser Lincoln International to undergo a strategic review of the business, following several approaches to buy the business after its European operation was restructured.

Integrix is owned by Barclays Ventures and brothers Rajesh and Rajiv Batra. 

Rajiv Batra, chief executive of Integrix said: “We have just launched our Spring 11 collection to our distributors and subsidiaries and have received a very positive response. We expect this to drive our sales well above the current level of €115m (£95.6m).”

Fila was established almost 100 years ago as a manufacturer of luxury underwear for the Italian aristocracy. It moved in to performance sportswear in the 1970s which led to a long term sponsorship deal with former Wimbledon champion Bjorn Borg.

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