JD Sports has revealed a £15m deal to buy a group founded by former Olympic swimmers Steve Parry, Rebecca Adlington and Adrian Turner.
The Greater Manchester-headquartered retail giant has acquired a 60% stake in Bolton-based Total Swimming Group.
The deal was completed on May 27 but JD Sports said that due to the proximity of the date of the acquisition and the publication of its full-year results, it could not reveal the acquisition until now.