All Corporate articles – Page 65
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On Aug. 14, Black Diamond Inc., the parent company of...
On Aug. 14, Black Diamond Inc., the parent company of Black Diamond Equipment and Pieps, is changing its corporate name back to Clarus Corporation, which it had until 2010. The change is meant to reflect a desire to enlarge again the scope of the holding company through new acquisitions. BD ...
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Wolverine Worldwide will concentrate more on Merrell, Sperry and other...
Wolverine Worldwide will concentrate more on Merrell, Sperry and other brands following the sale of Sebago to BasicNet, the Italian licensing company that owns also brands such as Briko, Kappa, K-Way and Superga. The transaction was valued at $14.25 million. Wolverine probably felt that Sebago was cannibalizing in some ways ...
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The Swiss Katadyn Group has announced that it will acquire...
The Swiss Katadyn Group has announced that it will acquire Hydro-Photon, the manufacturer of Steripen, described as the world's leading ultraviolet, handheld water purifier. The takeover is expected to be completed by the end of 2017 and will see the marketing and distribution operations of Steripen move to Katadyn's North ...
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Vista Outdoor is laying off 57 employees following a steep...
Vista Outdoor is laying off 57 employees following a steep decline in sales of ammunitions in the U.S.
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Aquafil is to merge with Space3, an asset management firm,...
Aquafil is to merge with Space3, an asset management firm, and plans to list on the Italian stock exchange this autumn. Aquafil specializes in the production of synthetic fibers used in the textile, flooring, and clothing industries. The company is also known for its Econyl Regeneration System, an industrial system ...
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TomTom has written down the entire goodwill of €169 million...
TomTom has written down the entire goodwill of €169 million of its Consumer segment as it reviews strategic options for its sports business, including its possible disposal. The segment's turnover fell by 20 percent to €126.3 million in the second quarter of this year.
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Canada Goose has opened its fifth factory, the first one...
Canada Goose has opened its fifth factory, the first one in Quebec, as part of its commitment to Canadian manufacturing. The 95,000-square-foot facility, which is located in Boisbriand, has already created more than 125 jobs and is expected to create 325 more by the end of 2018. The company has ...
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Black Diamond has filed a so-called shelf registration statement with...
Black Diamond has filed a so-called shelf registration statement with the U.S. Securities & Exchange Commission, announcing its intention to offer shares, warrants or other types of securities worth up to $200,000 in connection with the acquisition of new assets. That would include the sale of up to 7.5 million ...
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American Outdoor Brands, the company previously called Smith & Wesson,...
American Outdoor Brands, the company previously called Smith & Wesson, has decided to set up a new logistics and customer service center, located at a new distribution center in the Columbia area of Boone County, Missouri, as it gets ready to implement a plan to acquire some outdoor brands. The ...
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Sports Direct International has completed the acquisition of Bob's Stores...
Sports Direct International has completed the acquisition of Bob's Stores and Eastern Mountain Sports (EMS) in the U.S. The British sporting goods retailer is expected to enter U.S. retailing with 51 stores, of which 21 are EMS and 30 are Bob's. Sports Direct paid $101 million in cash for the ...
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Wolverine Worldwide is going ahead with its slimming-down program by...
Wolverine Worldwide is going ahead with its slimming-down program by licensing out its Stride-Rite brand of children's shoes. After closing all its Stride-Rite retail stores, it has signed a global, long-term license for the brand with Vida Shoes International, a company that runs a portfolio of more than a dozen ...
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Thule Group has entered into an agreement with Curt Group,...
Thule Group has entered into an agreement with Curt Group, a company of Audax Private Equity, for the sale of United Welding Services (UWS), a maker of storage solutions and truck accessories headquartered in Perry, Florida. The transaction is expected to be finalized this month. The move is part of ...
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Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading...
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading American producer of airguns, archery products, outdoor optics and related accessories sold under the Crosman, Benjamin and CenterPoint brands. It is paying about $118 million for the business, which had sales of around $118 million in the last 12 months, ...
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Invista is spending more than $65 million to expand the...
Invista is spending more than $65 million to expand the capacity of its Camden nylon factory in the U.S. for the production of high-tenacity nylon fibers used in Cordura fabrics for outdoor and lifestyle clothing, footwear and equipment. The new facilities will use patented and proprietary technology for solution dyeing ...
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KL Outdoor is merging with GSC Technologies to form a...
KL Outdoor is merging with GSC Technologies to form a single, vertically integrated manufacturing company that is being described as the world's largest supplier of kayaks. The merger of the two North American firms, whose details were not disclosed, is being funded by New Water Capital, an investment company in ...
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Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike...
Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike and many other trade shows in the U.S., closed with a share price of $21.01 on the New York Stock Exchange yesterday, giving it a market capitalization of $1.49 billion. The company and some of its shareholders started offering 15.5 ...
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Polartec is reportedly going to auction off its former textile...
Polartec is reportedly going to auction off its former textile factory in Lawrence, Massachusetts. The sale had been expected for quite some time. According to media reports, the start-up bid has been set at $1.5 million by the company's owner, Versa Capital Management. Polartec has already moved its production of ...
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Three founders of Addnature, a predominantly online outdoor retailer controlled...
Three founders of Addnature, a predominantly online outdoor retailer controlled by Internetstores, have acquired a stake in Isbjörn of Sweden, a supplier of outdoor apparel for children. The shareholding was bought by Mathias Hedström, Klas Berggren and Martin Larsson, who have jointly become Isbjörn's third-largest shareholder. Hedström joined Isbjörn as ...
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Sports Direct International has notified shareholders that Mash Holdings, the...
Sports Direct International has notified shareholders that Mash Holdings, the holding company of Mike Ashley, raised its direct and indirect stake in the company from 56 to 57 percent on Feb. 16
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Sports Direct International, the British parent company of the eponymous...
Sports Direct International, the British parent company of the eponymous sports retail chain and other properties including Karrimor, has agreed in principle with creditors that it will purchase Eastern Outfitters, the American company that owns 86 stores operating as Eastern Mountain Sports (EMS) and Bob's Stores, instead of going through ...
