All Corporate articles – Page 77
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Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
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Nano-Tex has been acquired by Crypton Fabrics from private equity...
Nano-Tex has been acquired by Crypton Fabrics from private equity and venture capital investors. Sellers included WL Ross and Co. LLC, Norwest Venture Partners, Masters Capital Nanotechnology Fund, Firelake Capital Management and Masters Capital Management. Nano-Tex employs a proprietary nanotechnology approach to enhance textiles that provides permanent performance attributes such ...
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Two American paddlesports company, Wenonah Canoe Inc. and C4 Waterman, announced...
Two American paddlesports company, Wenonah Canoe Inc. and C4 Waterman, announced their merger at the Outdoor Retailer Winter Market in Salt Make City on Wednesday. Wenonah's international distribution network will take care of C4's products.
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Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
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Sympatex Technologies has set up a subsidiary in Seoul for...
Sympatex Technologies has set up a subsidiary in Seoul for the Korean market, in an apparent recognition of its importance in the outdoor sector. It plans to expand the presence of its brand name in the country through a big sales campaign orchestrated with one of its clients, Trespass, on ...
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Orvis is selling its Ross Reels subsidiary to the Mayfly...
Orvis is selling its Ross Reels subsidiary to the Mayfly Group, an American producer of premium fly-fishing reels and accessories. Orvis bought Ross Reels last June from 3M in connection with the takeover of Scientific Anglers, a manufacturer of fly-fishing lines that fits better into its own product range. Mayfly ...
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The U.K. subsidiary of the Dutch-based Zwanenberg Food Group has...
The U.K. subsidiary of the Dutch-based Zwanenberg Food Group has acquired a majority stake in Malton Foods, a British meat producer that markets Wayfarer outdoor foods among other products. Malton, which previously traded under the name of Westlers Foods, has been suffering financial losses over the past few years. It ...
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L Capital Asia Investment, a private equity fund sponsored by...
L Capital Asia Investment, a private equity fund sponsored by LVMH, has agreed to acquire a 40 percent stake in 2XU, an Australian brand of compression garments for triathletes, cyclists and runners, for 75 million Australian dollars (€49.0m-$66.9m). The acquisition will cut the combined shareholdings of the eight-year-old company's founders ...
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Vibram has revised its operations around two separate business units:...
Vibram has revised its operations around two separate business units: finished goods and components. Both are serviced by the same marketing and administrative group. The finished goods division includes Vibram's FiveFingers range of toe-separation footwear. Along with the announcement of the new business model, the company said that next year ...
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The Lafuma Group has announced that Calida Holding has carried...
The Lafuma Group has announced that Calida Holding has carried out its planned acquisition of 2.5 million new shares in the company at a price of €14 per share, for a total investment of €35 million. It thus holds now 50.65 percent of Lafuma's equity and voting shares. Felix Sulzberger, ...
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Widening its base of debt investors to Central Europe, Amer...
Widening its base of debt investors to Central Europe, Amer Sports has signed a “Schuldschein” worth a total of around €70 million. For Amer, this typically German certificate of indebtedness is made up of a bundle of loans in euros and U.S. dollars with a maturity of five years that ...
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Amer Sports has extended the number of employees benefitting from...
Amer Sports has extended the number of employees benefitting from its Performance Share Plan from about 80 to 200 for the 2013-15 period. The amount of net rewards to be paid on the basis of the plan has been raised from a maximum total of 1.2 million shares to 1.4 ...
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After its acquisition of Costa, the American producer of sports...
After its acquisition of Costa, the American producer of sports sunglasses, Essilor International, the world's largest supplier of ophthalmic lenses, has announced the takeover of Suntech Optics of Canada. Through a subsidiary called Bugaboos, the latter sells Ryders Eyewear, a line of performance sunglasses for mountain bike enthusiasts (more on ...
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POW of Seattle has acquired Holden Outerwear, another American company...
POW of Seattle has acquired Holden Outerwear, another American company that was founded by a professional snowboarder, Mike LeBlanc, and a designer, Scott Zergebel, to bring street fashion to a mountain environment. POW is the parent company of POW Gloves and Spacecraft Collective, a brand that stands for very artistic ...
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News briefs
Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
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News briefs
Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
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News briefs
JD Sports Fashion, which already operates 81 Blacks and 76...
JD Sports Fashion, which already operates 81 Blacks and 76 Millets outdoor stores in the U.K., is acquiring a controlling stake in Tiso Group, the largest outdoor retailer in Scotland, from the Tiso family, which will continue to be involved with a minority stake. Chris Tiso will remain as chief ...
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Equip Outdoor Technologies, the British company that owns Rab and...
Equip Outdoor Technologies, the British company that owns Rab and Lowe Alpine, has reached an agreement to sell the Podsacs brand to Planet X, the U.K. bike maker and retailer based in Sheffield. Equip, which is based in Derbyshire, acquired the Podsacs brand in 2007 from Pete O'Donovan, a climber ...
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Sport Partner reports that Snowworld, the company behind two indoor...
Sport Partner reports that Snowworld, the company behind two indoor skiing centers in Zoetermeer and Landgraaf, at the south-eastern tip of the Netherlands, is preparing for a stock market flotation to raise €7.5 million for further expansion. All going well, Snowworld should be listed on Euronext in Amsterdam by the ...
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Amer Sports has issued a bond worth 750 million Swedish...
Amer Sports has issued a bond worth 750 million Swedish kronor (€85.4m-$115.4m) to institutional investors, with a floating rate and a loan period of five years. It will use the bond for the repayment of loans and general corporate purposes. Nordea Markets acted as the sole book-runner for the bond, ...
