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- WH Smith says the acquisition of InMotion 'is an exciting value creation opportunity for the group' Retailer WH Smith has agreed to buy US airport-based digital accessories retailer InMotion in a deal worth $198 million (£155 million). The deal is set to double the size of WH Smith's international travel business.
www.insider.co.uk/news/wh-smith-inmotion-acquisition-airports-13504076
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In 2018, WHSmith proudly announced the acquisition of InMotion, the largest airport-based technology retailer in North America. InMotion is an established brand, operating over 120 stores, with over 20 years experience in airport electricals retail.
Nov 20, 2021 · Global convenience, news and books retailer WHSmith is making a calculated expansion into the travel retail channel in both the United States and its home market of the U.K. with new stores and a...
- Kevin Rozario
Oct 30, 2018 · Retailer WH Smith has agreed to buy US airport-based digital accessories retailer InMotion in a deal worth $198 million (£155 million). The deal is set to double the size of WH Smith's international travel business.
As is mandatory in some US airport lease contracts, InMotion has minority partners. The share of post-tax profit attributable to those minority partners will be recognised as a non-controlling interest in WH Smith’s income statement going forward
Oct 30, 2018 · New York, NY and Boston, MA — October 30, 2018 — InMotion Entertainment Group, LLC (“InMotion”), a portfolio company of BRS & Co. (“BRS”) and Palladin Consumer Retail Partners, LLC (“Palladin” or “PCRP”), today announced that it has executed an agreement to be acquired by WH Smith PLC (“WH Smith”). InMotion will continue ...
Oct 30, 2018 · WHSmith has bought US travel retailer InMotion in a bid to strengthen its grip on the international travel market. The £155m acquisition doubles the size of WHSmith ’s international travel business in terms of both sales and profits.
Oct 30, 2018 · On October 30, 2018, WHSmith acquired retailer InMotion Entertainment Group from BRS, Palladin Consumer Retail Partners and Fifth Street Capital
