Skate Hut Business and Assets Acquired by Skate Pro
Deal News | Jul 28, 2025 | Home of Direct Commerce
Skate Hut Ltd, a company specializing in skateboards, scooters, skates, and related products, has been sold to Skate Pro UK Ltd. The sale, managed by Bishop Fleming’s restructuring and insolvency team, came after a focused nationwide marketing effort that saw negotiations with five interested parties. The transaction involves both Skate Hut Ltd and Splat Holdings Ltd, though the exact terms and sum of the deal remain undisclosed. This acquisition is particularly notable as it preserves the jobs of Skate Hut's considerable workforce and ensures that customer orders will be honored.
Sectors
- Retail
- Sports Equipment
Geography
- United Kingdom – Both Skate Hut and Skate Pro UK operate within the UK, with the acquisition process and marketing efforts concentrated nationwide.
Industry
- Retail – The companies involved are part of the retail industry, specifically focusing on personal sporting goods such as skateboards, scooters, and skates.
- Sports Equipment – Skate Hut specializes in skateboards, scooters, skates, and related products, classifying it under the sports equipment industry.
Financials
- Undisclosed – The sale price for the business and assets of Skate Hut Ltd and Splat Holdings Ltd was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Skate Hut Ltd | Target | Company | A company specializing in skateboards, scooters, skates, and related products. |
| Skate Pro UK Ltd | Bidding Company | Company | A competitor that acquired Skate Hut Ltd. |
| Bishop Fleming | Restructuring and Insolvency Advisor | Company | Led the restructuring and insolvency process for Skate Hut Ltd, managing the sale. |
| Splat Holdings Ltd | Vendor | Company | Involved in the sale alongside Skate Hut Ltd. |