Latest News

Back to Latest News back

 

APT expands with Astroturf and Sportgrass acquisitions

APT expands with Astroturf and Sportgrass acquisitions
September 21, 2016

Aiming to build one of the largest and highest quality outdoor sports surfacing companies in the world, global surfacing and coatings manufacturer APT Advanced Polymer Technology/SportGroup Holdings has continued its expansion with two significant acquisitions, taking on AstroTurf LLC in North America and Sportgrass Pty Ltd in Australia.

In the USA, a bankruptcy judge cleared APT/SportGroup to take over AstroTurf’s marketing operations, for a sale price of roughly US$16.1 million.

Historically the most recognisable brand name in artificial turf, AstroTurf had been in difficulty after losing a patent infringement for its artificial turf products to rival FieldTurf USA Inc. In October last year, a jury awarded US$30 million in damages to FieldTurf which led AstroTurf to put its operations into chapter 11 protection on 28th June.

The court-approved sale was part of a broader, US$92.5 million deal that enables APT Advanced Polymer Technology to take over three AstroTurf-related businesses that had not filed for bankruptcy protection. That includes its research and development division and Synthetic Turf Resources, which manufactures the artificial turf.

The acquisition will see APT/SportGroup retain all AstroTurf’s technologies, processes, products, intellectual property, and personnel. 

Explaining that adding AstroTurf to the portfolio of SportGroup brands and companies brings greater stability to sports facilities and the industry as a whole, Andreas M. Schulze Ising, Chief Executive and President of APT Advanced Polymer Technology Corp, stated “we are welcoming AstroTurf to our team ... to create the only all encompassing sport systems company in the world to finally service each and every sport with the complete range of surface solutions.”

In Australia, APT Asia Pacific has bought local manufacturer Sportgrass – best known for synthetic grass surfaces for tennis, cricket, bowls and multipurpose courts along with NeatgrassTM synthetic grass for landscaping.

John Skase, Managing Director of Sportgrass is staying on and it will be ‘business as usual’ during the transition planning phase of the merger of facilities with APT Asia Pacific Pty Ltd.

Commenting on the Sportgrass acquisition, APT Asia Pacific Chief Executive Stephen Niven advised “this strategic acquisition of Sportgrass continues our recognition for market consolidation in Australia and complements APT’s existing product portfolio.

“We are looking forward to John’s continued involvement working closely with our management team.”

Skase added “we’re excited to become part of the SportGroup.

“Having access to state-of-the-art products and materials has always been the forefront of the Sportgrass philosophy and I am pleased to see this will continue, allowing us to retain a unique market position offering tailor-made solutions.”

Founded in 1969, SportGroup is a global leader in artificial turf systems and running tracks, with a US$450 million annual turnover (2015) and around 1,000 employees.

With renowned brands including Polytan®, APT®, Melos®, TEAM Sports, Rekortan®, Laykold®, and Poligras®, the company maintains production plants in Europe, North America and the Asia-Pacific region and operates in more than 70 countries.

It has manufactured and installed more than 7,000 fields and 16,000 tracks.

In 2014, the SportGroup purchased Sydney-based Team Sports.

Click here to contact APT Asia Pacific via their entry in the Australasian Leisure Management Supplier Directory. 

Images:  An AstroTurf artificial field in use in the Morro da Mineira favela in Rio de Janeiro, Brazil (top, courtesy of Shell) and a selection of the SportsGroup's brands (below).

8th April 2016 - POLYTAN TO SUPPLY WORLD CUP AND OLYMPIC HOCKEY TURF

22nd January 2016 - FIH ANNOUNCES SEVEN OFFICIAL SUPPLIERS AS PART OF GLOBAL TURF QUALITY PROGRAM

26th June 2015 - GRAND SLAM AND POLYTAN DELIVER NEW SYNTHETIC GRASS COURTS FOR NORTHERN SUBURBS TENNIS ASSOCIATION

12th July 2014 - POLYTAN OWNER THE SPORT GROUP ACQUIRES TEAM SPORTS


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Aflex Inflatables

Aflex Inflatables are the leaders for obstacle courses, pool toys, waterparks and land-based watersides and fitness runs. They are industry leaders offering the widest range of pool, lake and beach…

read more

Aquatics / Play / Waterparks

 
 

AEROBIC MICROPHONES AUSTRALIA

Aerobic Microphones Australia provides audio products for the fitness industry. Products include the sweat resistant Cyclemic and Aeromic headworn microphones and pouchbelts that are made in…

read more

Fitness / Technology

 
 

SKC Operations Pty Ltd (SKCorp)

SKC Operations Pty Ltd (SKCorp) is an expert retail and marketing services team specialising in sports, leisure, aquatics, fitness, health, wellness & recreation industry. Using proven…

read more

Aquatics / Consultants / Fitness / Marketing / Retail

 
 

HRMWEB

At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…

read more

Finance / Fitness / Technology

 
 

TRISLEYS HYDRAULIC SERVICES

Trisley's Hydraulic Services P/L (THS) are a specialised pool company dealing with all aspects of the commercial swimming pool industry, including the installation and servicing from the smallest…

read more

Aquatics / Design / Play / Waterparks

 
 

SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues

 
 

IEDM

iEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…

read more

Consultants / Design

 
 

TJS Services

TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide.  Our…

read more

Hospitality / Retail / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business