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August 30, 2023
We Are Padel successfully completes Swedish restructuring.
Stockholm 30 August 2023 – LeDap Group (LeDap) today announces the successful completion of the financial restructuring of its Swedish subsidiary WAP Holding Örebro AB (WAP). The restructuring is now legally binding by decision of the Örebro District Court.
The completion follows a vote during the creditors’ arrangement meeting where the reconstruction plan and proposed settlement was unanimously accepted by all creditors. The settlement means that WAP’s unsecured debts and certain guarantees will be written down in accordance with the reconstruction plan.
Eno Polo, CEO of LeDap Group: “We are pleased to announce this successful solution for WAP in Sweden, with a sustainable footprint adjusted to the market conditions. We acted early to take responsibility for the oversupply in the market, which given the tough market conditions clearly was a necessary course of action. We are thankful for the constructive dialogue with creditors and partners throughout this process.
We can now give comfort and clarity to our employees, customers and partners on the future of WAP in Sweden, which we will continue to invest in. The Swedish team is fully committed to providing a fun, professional and inclusive Padel experience in our remaining centers, and we look forward to welcoming all our loyal and passionate Padel friends back to WAP this fall.”
WAP in Sweden will now operate 14 centers across Sweden and will continue its presence in Norway under the brand name JustPadel that is owned by WAP
LeDap Group continues its journey to establish the leading platform to drive growth, innovation, digitalization, and professionalization of Padel. The Group now operates Padel centres in Sweden, Norway, Denmark, Finland, Austria, Germany, Poland, the United Kingdom and the UAE. LeDap also continues to expand within other verticals of the Padel ecosystem through MejorSet (court manufacturing and installations),
Ledapshop.com and Racketspecialisten (e-commerce), LeDap App with its own proprietary booking platform, as well as organizing tournaments on the professional tour.
“We now have a solid platform to continue operate in the Swedish market and meet the demand for good Padel experiences. In parallel, we are well positioned to capture the tremendous growth of the sport that we see across Europe and Globally, and LeDap continues its mission to make Padel available to all”, says Eno Polo.
LeDap, established in 2021, is an international group of padel companies, currently present in Sweden, Norway, Finland, Denmark, Poland, Spain, Austria Germany, UK and UAE.
LeDap operates an extensive network of Padel clubs across those countries and aims to become the world’s leading platform to drive the growth, innovation, digitalization, and professionalization of the sport of Padel.
We Are Padel slutför framgångsrikt svensk rekonstruktion
Stockholm 30 augusti 2023 – LeDap Group (LeDap) meddelar idag att man framgångsrikt har slutfört den finansiella rekonstruktionen av sitt svenska dotterbolag WAP Holding Örebro AB (WAP). Rekonstruktionen har vunnit laga kraft genom ett beslut i Örebro Tingsrätt.
Slutförandet följer på en omröstning vid ett borgenärssammanträde där rekonstruktionsplanen och förslaget till förlikning godkändes enhälligt av alla borgenärer. Överenskommelsen innebär att WAPs skulder och garantier kommer att skrivas ner i enlighet med rekonstruktionsplanen.
Eno Polo, VD för LeDap Group: ”Vi är glada att kunna meddela denna lösning för WAP i Sverige, med en hållbar kostym som nu är anpassad till marknadsförhållandena. Vi agerade tidigt för att ta ansvar för överutbudet på marknaden och givet den tuffa situationen var detta uppenbarligen ett nödvändigt tillvägagångssätt. Vi är tacksamma för en konstruktiv dialog med borgenärer och partners under denna process.
Vi kan nu ge en försäkran och tydlighet om framtiden för WAP i Sverige till våra anställda, kunder samt partners och kommer fortsätta investera i bolaget. Det svenska teamet är fullt engagerade i att skapa en rolig, professionel och inkluderande padelupplevelse i våra återstående center och vi ser fram emot att välkomna alla våra lojala och passionerade padelvänner till tillbaka till WAP i höst”
WAP driver nu 14 center över hela Sverige och fortsätter sin närvaro i Norge under varumärket ”JustPadel” som ägs av WAP.
LeDap Group fortsätter sin resa för att etablera den ledande plattformen för tillväxt, innovation, digitalisering och professionalisering av padel. Koncernen driver nu padelcenter i Sverige, Norge, Danmark, Finland, Österrrike, Tyskland, Polen, Storbrittanien och Förenade Arabemiraten. LeDap fortsätter också expandera inom 3 andra vertiklar av ekosystemet runt padel genom MejorSet (tillverkning av banor och anläggningar), Ledapshop.com och Racketspecialisten (e-handel), den egna bokningsplattformen LeDap App samt genom organisering av tävlingar på den professionella padeltouren.
Alexander Hosby – Marketing Manager Nordics
E-mail: email@example.com Mobile: +46 79-585 05 87
Oscar Fagerström – Country Manager Sweden
E-mail: firstname.lastname@example.org Mobile: +46 72-080 80 58
Calvin Anderson – Director Northern Europe
E-Mail: email@example.com Mobile: +46 72-703 48 95
March 21, 2023
Mejor Set, official padel court of the International Padel Federation
The FIP, International Padel Federation, and Mejor Set renew their partnership with a multi-year agreement for the supply of padel courts.
At the heart of the agreement between Mejor Set – a brand of the LEDAP group, and world leader in the production and installation of padel courts with over 20 years of experience – and FIP, there is a series of top-level competitive events, including the next European Championships, scheduled from 21 June to 2 July in Krakow, Poland.
The partnership thus confirms the trusting and fruitful relationship between the Federation and Mejor Set. A relationship born in 2020 and developed through the ‘map’ of the prestigious sporting events organized by FIP: from the European Championships to the World Padel Championship, from the Cupra FIP tournaments to the Premier Padel circuit.
Luigi Carraro, FIP president, stated: ‘We must never forget that the real protagonists in our discipline are the players. And it is our task to provide them with the best possible stage, putting them in a position to express the best of their talent. This is the reason why – the Fip’s number one said – we are happy to continue our collaboration with an innovative and market-leading company like Mejor Set, a top partner in terms of court quality, expertise and installation capacity. I would like to emphasise how Mejor Set has accompanied us during years in which the discipline we love has achieved remarkable goals both in terms of amateur and elite practice. We are confident that Mejor Set can contribute to an increasingly widespread distribution of padel courts around the world, counting also on the commitment, enthusiasm and strength of the individual national federations. This is a key point to favour the approach of new generations to our magnificent sport”.
The FIP and Mejor Set will also work as a team in the development of a special ‘FIP edition’ and ‘FIP kids’ padel court to ensure that players around the world can enjoy the same emotions and playing conditions as the most celebrated professionals.
Eno Polo, LeDap Group CEO: “Our mission is to make padel accessible to everyone, which is why we are happy to continue our partnership with FIP to provide the best padel courts, both at the best professional events and the best padel clubs around the world. Mejor Set was the first company to produce “Full Panoramic” courts for better visibility, especially for tv events, and our research and development team is constantly working to implement new products and technologies that can ensure the best possible experience for both players and audience.”
About Mejor Set
Mejor Set is the world leader in padel court manufacturing and installation. Founded in Alicante, Spain, in 2003, the company offers a wide range of top quality and customizable padel courts all over the world. Mejor Set was the first company to develop the full panoramic padel court, to guarantee a better visibility, especially for televised events. Mejor Set is now present in more than 35 countries, providing the finest padel courts for the best padel events, clubs, private residencies, hotels and resorts. Since 2021 MejorSet is part of LEDAP Group. www.mejorset.com
LEDAP, established in 2021, is an international group of padel companies, currently present in Sweden, Norway, Finland, Denmark, Poland, Spain, Austria, UAE, Germany and the UK. LEDAP operates an extensive network of Padel clubs across those countries and aims to become the world’s leading platform to drive the growth, innovation, digitalization, and professionalization of the sport of Padel. LEDAP strives to make padel available to all and will expand the sport by providing infrastructure and inspiration for all types of padel players. www.ledap.com
About the International Padel Federation (FIP)
The International Padel Federation (FIP) is the world governing body of padel, whose goal is to promote all forms of padel worldwide with: 90 Countries, 64 National Federations, + 25 million active players and 500,000 Federated Players. The sport was created in Acapulco, Mexico, by Enrique Corcuera in 1969. It was 32 years later that the FIP was established in Madrid by the legal representatives of the Argentine Padel Association, the Spanish Padel Association and the Uruguayan Padel Association, by means of Public deeds signed before the Notary Mr. Javier Gaspar Alfaro, with the protocol number 2486. We want to bring the worldwide Padel family together into one community, and make Padel a sport that is recognised and played in all the countries of the World. www.padelfip.com
International Padel Federation
LEDAP and Mejor Set
Stockholm, 13 February 2023
LEDAP and Racketspecialisten launch ledapshop.com, a new global ecommerce concept
One year after the acquisition of Racketspecialisten by LEDAP Group, the e-commerce company expands its business to reach padel players in more countries with the new international omni-channel concept “LEDAP Shop”. In phase one, ledapshop.com will be launched throughout Europe and first markets are Germany and Austria – followed by Netherlands, France and Belgium during spring 2023. More markets will follow, and the long-term goal is to be the number one Padel Shop globally.
LEDAP Shop will initially be made available through the online platform “www.ledapshop.com”, but will over time be offered through a comprehensive omni-channel concept, integrated at in-club stores, events and in other digital channels.
Kristian Ekeland, CEO of Racketspecialisten, the leading eCommerce player for padel and racket sports in the Nordics: “We are excited to launch LEDAP Shop that will drive our ambitious growth agenda throughout the world of padel – both as an online eCommerce business but also as a Shop concept within the LEDAP clubs. LEDAP Shop will offer padel players a complete assortment of equipment, accessories and apparel – in an eCommerce filled with educational and inspirational content. Furthermore, with an integrated approach between the eCommerce and in-club stores and activities, Racketspecialisten and LEDAP will further enhance the padel experience with a unique omni-channel offering.”
LEDAP already operates more than 130 padel clubs across 9 countries. “LEDAP today operates across five different verticals and reinforcing our ecommerce capabilities is an important strategic milestone in our ambition to establish LEDAP as an integrated platform to drive the growth, innovation and not least the digitalization of padel.” says Eno Polo, LEDAP Group CEO. “
Ready. Set. Go. #letsplay
Racketspecialisten Norden AB (“Racketspecialisten”, “RS”) was founded in 2007 and is today the leading online supplier of racket sports equipment within the Nordic region and currently serves customers primarily through its websites, supported by the HQ and showroom in Stockholm, in combination with its concept stores throughout Sweden.
LEDAP, established in 2021, is an international group of padel companies, currently present in Sweden, Norway, Finland, Denmark, Poland, Spain, Austria, UAE, Germany and the UK. LEDAP operates an extensive network of Padel clubs across those countries and aims to become the world’s leading platform to drive the growth, innovation, digitalization, and professionalization of the sport of Padel. LEDAP strives to make padel available to all and will expand the sport by providing infrastructure and inspiration for all types of padel players.
Stockholm, 23 August 2022
LeDap Group appoints Eno Polo as new CEO
LeDap today announces the appointment of Eno Polo as new CEO of the LeDap Group, effective September 5. Eno Polo has a long background from consumer goods and retail businesses, having held senior executive positions with Global Brands Group, Havaianas and Nike. As a former professional tennis player, he also brings long experience from professional sports and currently serves on the Board of Directors of ATP and as a consultant to FIFA.
“There is tremendous opportunity to professionalize and develop the industry, and I very much look forward to bringing my experience from the world of professional sports, consumer goods and retail and work with the impressive LeDap team to execute on the mission to make Padel available to all. LeDap Group is a unique platform to drive growth and innovation of Padel around the world,” says Eno Polo, appointed CEO of LeDap Group.
He will start his position on September 5, 2022. Departing CEO Pontus Gustafsson will remain active within LeDap as an advisor and investor.
“We are pleased to have someone of Eno Polo’s caliber taking on the leadership of LeDap and taking the company to the next level. He has extensive experience from working with consumers in the context of sports and has successfully led and innovated global consumer and retail businesses”, says Per Agebäck, Chairman of the Board at LeDap Group. “I also want to take the opportunity to thank Pontus Gustafsson for his instrumental contributions in establishing LeDap, securing presence in ten countries, expanding in e-Commerce, Court Manufacturing, and the Professional Segment. This is a planned transition that we have been working on together since the company was established, and when we met Eno we felt it was an ideal candidate to take over as CEO. Pontus will remain active within LeDap in new capacities as well as an investor in the company”.
Ready. Set. Go. #letsplay
LeDap, established in 2021, is an international group of padel companies, currently present in Sweden, Norway, Finland, Denmark, Poland, Spain, Austria, UAE, Germany and the UK. LeDap operates an extensive network of Padel clubs across those countries and aims to become the world’s leading platform to drive the growth, innovation, digitalization, and professionalization of the sport of Padel. LeDap strives to make Padel available to all and will expand the padel sport by providing infrastructure and inspiration for all types of padel players, with a vision to actively contribute to making padel an Olympic sport.
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- 21-marzo-Comunicado-de-Prensa-Mejor-Set-Partnership-with-International-Padel-Federation-ENGL.pdf (pdf)
- LeDap-Comunicado-de-prensa-LEDAP-Shop_13022023 (pdf)
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- Comunicado de prensa de LeDap global 20211025 (pdf)