Latest Corporate and M&A – Page 4
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Nemo Equipment: ‘We are less affected by cautious consumer habits’
This is how the US equipment company Nemo plans to conquer Europe – and why hesitant consumers aren’t a problem.
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RVRC reports 18% revenue growth, expands global presence
RevolutionRace’s sales growth in 2023/24 was driven by international expansion and product development as it broadens its global presence across 40 countries.
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Vasque shuts down after 60 years in the outdoor market
The US rugged outdoor boot brand is closing after six decades, marking an end for a brand long cherished by hikers and backpackers.
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Moose Knuckles secures Bosideng investment
The Canadian luxury outerwear brand partners with Bosideng, leveraging new resources to expand internationally.
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Grimaldi Industri sells Cycleurope-France
Rebirth Groupe has acquired the factory and operations of Cycleurope-France for an undisclosed sum.
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Vista Outdoor sells Revelyst to global investment firm
Vista is finally selling its outdoor segment for $1.125 billion; combined with the CSG transaction, this provides an estimated cash amount of $45 per share.
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Houlihan Lokey’s active lifestyle market report highlights the growth in Q2/24
The active lifestyle sector shows strong growth in 2024, with M&A activity rebounding and premium products gaining momentum despite economic challenges.
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Accell Group’s debt reduction: Shareholders and banks agree on plan
Accell Group secures a €600 million debt reduction plan in partnership with shareholders and banks, positioning the company for future growth and stability.
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Patagonia implements internal changes for long-term growth, lays off 41 people
CEO Ryan Gellert outlined the changes, which include a reduction of the workforce by 1%, on LinkedIn.
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Shimano's European Mechanics Championships highlight qualified bicycle mechanics
The 2024 Championships elevate the importance of professional bicycle maintenance and inspire the next generation of mechanics.
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Outdoorsy Group plans European expansion after $3bn milestone
The US-based outdoor travel operator surpasses $3 billion in sales and has bold plans to expand its RV rental marketplace and insurance services across Europe.
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Alfa is stronger than ever and has a new head office
Norwegian shoe brand Alfa Sko has moved into a brand-new headquarters and expects record sales in 2024.
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Giant Group subsidiary acquires Stages Cycling assets
Giant Group’s SPIA Cycling acquires Stages Cycling assets from Foundation Fitness, expanding its portfolio in the fitness industry after bankruptcy filing.
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Dynafit opens brand-new headquarters in Kiefersfelden
The mountain sports brand inaugurated its stunning new HQ on the German-Austrian border, blending cutting-edge design with sustainability. The facility also offers a dynamic visitor experience.
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Vista Outdoor supports revised CSG deal over MNC capital’s full acquisition bid
Vista Outdoor backs a revised bid from CSG for its ammunition division, while an unnamed equity firm makes a move for the outdoor division.
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Snow Peak acquires majority stake in New Zealand fly rod company
The Japan-based outdoor brand acquires a majority stake in Swift Fly Fishing, expanding its global footprint and blending outdoor gear with fly fishing experiences.
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Btwentyfour expands to Munich, appoints Managing Director for DACH
Markus Hefter is the company’s new Managing Director and will head the growth of the B2B data automation platform in Germany, Austria and Switzerland.
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Backcountry acquired by CSC Generation
The buyout firm acquired the US e-tailer after German retailer Bergfreunde had already been sold to Decathlon in January 2024.
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Vaude invests in sustainable production upgrade
Vaude invests over €1m in modernizing its Tettnang facility, boosting capacity and sustainability with new automation technology.
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Topgolf Callaway plans to split up the company
The Board of Directors stated that it intended to split the business into two independent companies: Callaway and Topgolf, with the first including Jack Wolfskin.