Sporternährung Mitteregger GmbH (Sporternährung) has obtained strategic advice regarding its growth financing strategy.
Sportnährung is a wholesaler of sports-related equipment and nutrition as well as training supplements. The company has 11 subsidiaries in Austria, 16 in Germany as well as 12 franchisees across both countries. Sportnährung has 70 employees and plans to further expand its operations. With its multi-channel concept, the company achieved revenues of US$14.2 million and an EBITDA of US$1.1 million in 2016.
Due to the fitness trend and increasing attention paid to a healthy lifestyle, the sports nutrition market has high growth potential. Oaklins' team in Austria was exclusively mandated to complete a tax and financial due diligence to support the company’s growth financing strategy.
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