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THG offloads OnDemand division
The news follows the sale of specialist provider of cycling equipment ProBikeKit which was sold to Frasers Group PLC in Q2 2023
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2023/07/thg-895x540.jpeg?lossy=1&strip=1&webp=1)
THG has recently sold its OnDemand division to a Newco led by the existing OnDemand management team and funded by Gordon Brothers, the advisory and investment firm.
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