BLK: Consortium of private investors buys troubled sportswear brand BLK

A private consortium of Fijian and Timor-Leste investors has bought troubled sportswear manufacturer BLK from receivers McGrathNicol. The consortium, lead by Timor-Leste oil and energy company Esperança Timor Oan (ETO), acquired BLK from its parent company World Rugby Specialists for an undisclosed sum. BLK entered receivership in November last year, just days after signing a sponsorship dealThe post Consortium of private investors buys troubled sportswear brand BLK appeared first on SmartCompany.