Latest Corporate and M&A – Page 5
-
ArticleSasta Oy acquired by new ownership group
The new Finnish shareholders plan expansion, with the brand’s founding family remaining the company’s key owners.
-
ArticleElho brings back Freestyle
Elho reenters the outdoor and winter sports market with a new Freestyle collection, combining performance and style.
-
ArticleFailed takeover leads to Chapter 11 status at Agu and Agu Holding
Dutch cycling brand Agu faces insolvency after a failed takeover but remains operational while seeking new ownership to continue its legacy.
-
ArticleSpinnova: Navigating challenges and embracing strategic shifts in H1
The Finnish innovator in sustainable textiles navigates financial challenges with strategic shifts, boosted by a key partnership for a new production facility.
-
ArticleHepha expands its horizons: Italian market now in focus
The young German e-bike supplier is expanding into the Italian market, aiming to capture a significant share by offering tailored, sustainable mobility solutions.
-
ArticleThree bike industry veterans launch first dedicated investment fund for micromobility
Fundracer is a new, micromobility-focused investment fund that aims to support innovative start-ups and promote growth in the sector.
-
ArticleAlpina cuts staff in the face of ongoing financial challenges
The Slovenian footwear manufacturer is reportedly cutting 60 jobs and relocating production to Bosnia to counter financial challenges and declining sales.
-
ArticleLolë acquires Sanuk from Deckers
The Canadian athleisure brand has bought the iconic footwear brand for an undisclosed sum and announced Katie Pruitt as its new General Manager.
-
ArticleYeti Cycles opens EU branch
The US bike brand is expanding into Europe with a new subsidiary in southern Germany, aiming to strengthen its presence in key markets.
-
ArticleRebike Mobility and BusinessBike give e-bikes a new life in work bike leasing
Rebike Mobility partners with BusinessBike to offer refurbished e-bikes in company bike leasing in Germany, promoting sustainable, cost-effective mobility solutions.
-
ArticleAdam Arnold: Steering Nikwax and Páramo toward employee ownership and sustainable success
In our latest interview, Adam Arnold, CEO of Nikwax and Páramo, discusses steering the company towards employee ownership, navigating post-pandemic challenges, and championing sustainability. Learn about Arnold’s journey from a summer job to CEO and how he plans to achieve net zero emissions by 2040.
-
ArticleVista to review strategic alternatives, shareholder meeting postponed
The Board of Directors of Vista Outdoor wants to examine strategic alternatives for the future of Revelyst and The Konetic Group – and is postponing the shareholders’ meeting once again.
-
ArticleUS non-profit Camber Outdoors shuts down operations
The organization, founded in 1996 to support outdoor industry partners in implementing best practices in DEI in the workplace, will discontinue operations in August 2024.
-
ArticleFounding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
-
ArticleBicycle industry veteran launches virtual marketplace for OEM components
When “Mr. Koga” Pieter-Jan Rijpstra left the Dutch bicycle company Accell Group after 22 years at the turn of 2023/2024, he had a new project in mind. At the heart of his own, newly founded industry consultancy Bike Expert Interim Consultancy B.V. (BEIC) is an online platform of the same ...
-
ArticleHelen of Troy facing distribution facility problems
Helen of Troy is under increased scrutiny regarding the progress of its restructuring plan, particularly the functionality of its recently opened distribution center in Galloway, Tennessee.
-
ArticleCSG increases purchase price for The Kinetic Group to $2.15bn
CSG increased the base purchase price for acquiring The Kinetic Group business by $50 million to $2.15 billion, while Vista Outdoor reaffirms its FY25 outlook and reports preliminary Q1 results.
-
ArticleLionRock forms joint venture to grow Haglöfs in Greater China
To establish and expand the Haglöfs brand in the Greater China region, LionRock Capital founded a joint venture with the wholly owned subsidiary Affluent Team Global Limited of Viva Goods Company Limited in June 2024. LionRock, based in Hong Kong, acquired Haglöfs from Asics in December 2023. The new joint ...
-
ArticleVista Outdoor ammo sale facing headwind, and support
Before Vista Outdoor’s shareholders vote on the sale of The Kinetic Group ammunition business to CSG on July 23, two investors have come out strongly against the deal, while another proxy advisory firm is now recommending the purchase after initial opposition.
-
ArticleIntersport celebrates 40 years of private label McKinley
Founded in 1984 and named after North America’s highest peak, McKinley has become the flagship private label brand of Intersport. This year, Intersport proudly celebrates four decades of McKinley.
