All Corporate articles – Page 82
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News briefs
GE, the marketer of the waterproof and breathable laminates, has...
GE, the marketer of the waterproof and breathable laminates, has announced a strategic partnership with the Dishang Group, a major original manufacturer and exporter of textiles. Dishang has agreed to provide completely integrated eVent solutions for the design, sourcing and production of apparel. The group will support GE in the ...
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Implus has announced the acquisition of the shoe care, insole,...
Implus has announced the acquisition of the shoe care, insole, and shoe lace assets of the Pennsylvania-based Penguin Brands, one of Implus' major competitors in the shoe care category. Implus' family of brands also includes Sof Sole, Yaktrax, Apara, Airplus, Sneaker Balls, Sof Comfort, Little Hotties, Perfect Fitness and ICETrekkers. For ...
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Compass Diversified Holdings, which owns Camelbak and other brands, is...
Compass Diversified Holdings, which owns Camelbak and other brands, is proposing to float one of its subsidiaries, Fox Factory, on the stock exchange. Specializing in the development, production and sale of high-performance suspension systems for mountain bikes and many other types of vehicles, it had a pre-tax income of $22.4 ...
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New Wave Group of Sweden, parent company of Craft, has...
New Wave Group of Sweden, parent company of Craft, has acquired the rights to distribute its Craft performance apparel brand in the U.S. and Canada from Karhu North America, which had been Craft's exclusive distributor in North America since 1999. The acquisition was made through New Wave USA, a wholly ...
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Jarden Corporation has placed $250 million worth of convertible notes,...
Jarden Corporation has placed $250 million worth of convertible notes, carrying interest of 1.5 percent a year and due in 2019, with a syndicate of investors headed by Barclays Capital and J.P Morgan. The investors have also exercised an option to purchase an additional $15.2 million at the same conditions. ...
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Onex Corp. has completed the acquisition of Nielsen Expositions from...
Onex Corp. has completed the acquisition of Nielsen Expositions from Nielsen Holdings for $950 million cash. The business has been renamed Emerald Expositions. It will continue to organize the Outdoor Retail and Interbike shows in the U.S., among others. will continue to be headquartered in San Juan Capistrano, California.
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Deuter inaugurated a brand-new headquarters last week. Located at Gersthofen...
Deuter inaugurated a brand-new headquarters last week. Located at Gersthofen outside Augsburg, Germany, the new site has a total surface of 20,000 square meters on three floors. The space includes 2,100 m² occupied by offices, a 100-m² shop and a 7,200-m² warehouse to process the three million-odd items that the ...
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News briefs
Dynafit is building a research center in the Swedish town of...
Dynafit is building a research center in the Swedish town of Åre where the ski touring company will share its offices with the Swedish Winter Sports Research Center. The research institute is described as one of the three leading, international think tanks for snow sports research. The new Dynafit Development Center will be ...
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Canada Goose has expanded production by setting up a new...
Canada Goose has expanded production by setting up a new factory in Winnipeg. Over the past six months, the production capacity has been doubled and 25 new employees have been engaged. About 160 employees are going to work in the new factory, which measures 5,300 sqm. The factory includes areas ...
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Canada Goose is on the lookout for new equity investors...
Canada Goose is on the lookout for new equity investors through a Canadian investment bank, Canaccord, says Reuters. The family-owned firm is apparently seeking new equity to support its strong growth, especially in the lifestyle segment of the market. For example, its sales in Germany have grown by 500 percent ...
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News briefs
SmartWool, a wholly-owned subsidiary of VF Corporation, has completed the...
SmartWool, a wholly-owned subsidiary of VF Corporation, has completed the renovation of its global headquarters at Steamboat Springs, Colorado, its design center in Boulder, and its development center in Tennessee. At a cost of $2.2 million, the renovation of the three offices has taken nearly four years of planning and ...
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News briefs
Wolverine Worldwide is getting up to $14.8 million worth of...
Wolverine Worldwide is getting up to $14.8 million worth of additional orders for safety boots from the U.S. Navy, modifying a contract from the U.S. Department of Defense. The production is being made in Michigan.
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News briefs
We had reported in the Compass on Feb. 21 that...
We had reported in the Compass on Feb. 21 that Tecnica Group was exploring the possibility of selling its controlling stake in Lowa, after receiving an expression of interest from an unnamed investor. Last week, Peter Weaver, the top manager of Tecnica Group, officially announced told us that it had ...
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Canada Goose has expanded its production facility with a new...
Canada Goose has expanded its production facility with a new plant in Winnipeg in order to keep manufacturing in Canada rather than moving production elsewhere. The new factory adds 5,300 square meters on top of the existing facilities. The new plant doubles the capacities, and Canada Goose has hired 25 ...
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News briefs
North Castle Partners, a Connecticut-based private equity company, have completed...
North Castle Partners, a Connecticut-based private equity company, have completed an investment in Ignite USA, details of which were not disclosed. Ignite is the marketer of the Contigo and Avex brands for reusable, thermal mugs and hydration bottles. North Castle already holds stakes in various companies, including Performance Bicycles, Octane Fitness ...
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Compass Diversified Holdings (CODI), an equity fund with controlling interests...
Compass Diversified Holdings (CODI), an equity fund with controlling interests in CamelBak and Fox Factory, has announced that on Apr. 3, 2013 it exercised an option under a credit agreement dated Oct. 27, 2011 to borrow an incremental term loan of $30 million. The loan increases the company's aggregate outstanding borrowings ...
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News briefs
Mammut has inaugurated its biggest investment by far in the...
Mammut has inaugurated its biggest investment by far in the company's 150-year-history, the European warehouse near Memmingen, Germany. The 40,500 square meters, of which 8,200 square meters are under one roof, house European logistics, the subsidiary for the German market and an outlet store. There is an option to extend ...
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News briefs
The Lafuma Group has warned that its business is suffering...
The Lafuma Group has warned that its business is suffering a substantial decline, which will significantly affect its results and the worth of its assets for the current fiscal year, running until the end of September. The French outdoor and action sports company said that in this context, its supervisory ...
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Raidlight is planning to raise €500,000 in new equity by...
Raidlight is planning to raise €500,000 in new equity by bringing in some of its suppliers, clients and end customers as new shareholders with a combined stake of 12 percent. Benoit Laval, the trail-runner who set up the French outdoor company in 1999, currently owns 42 percent of the shares. ...
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The Wolverine 1883 shoe collection is the first collection of...
The Wolverine 1883 shoe collection is the first collection of Wolverine Worldwide to be produced in Portugal. Last autumn, the company added Portugal as new sourcing country. The 1883 collection will be available from autumn this year. The company aims to expand the production in Portugal if it proves to ...
