All M&A articles

  • Ascend Logo
    News briefs

    Ascend purchases majority stake in Circular Polymers


    Ascend Performance Materials has acquired a majority stake in Circular Polymers, a California-based recycler of post-consumer, high-performance polymers, including polyamide 6 and 66, polypropylene and polyester (PET). Circular Polymers reclaims and processes post-consumer carpets via a unique technology. The deal will provide Ascend with a consistent supply of post-consumer recycled ...

  • SIDI Cycling 3

    Italmobiliare announces new Sidi CEO after takeover


    Source: Sidi Sport Davide Rossetti, CEO Sidi Sport With domestic investment holding company Italmobiliare Holding S.p.A. (we reported in July) set to complete the acquisition of Italian cycling and motorcycle footwear icon Sidi Sport S.r.l. in the current fourth quarter of 2022 “at an enterprise value of ...

  • Pierer AV Agusta Logo
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    Pierer Mobility and MV Agusta deepen strategic cooperation


    Shortly after the announcement of a strategic partnership in North America (Pierer Mobility subsidiary KTM AG will take over the exclusive distribution of MV Agusta), the two European motorcycle and (e-)bike suppliers have announced that they will intensify their cooperation by entering into a worldwide distribution partnership. In this context, ...

  • patrikfrisk_ulricehamn

    Patrik Frisk buys ski resort in Sweden


    Patrik Frisk, former CEO of Under Armour, has purchased a ski resort in Sweden. Branäs Group announced the sale of Ulricehamn Ski Center in Västergötland to Frisk and his family last Thursday. Frisk told Freeride magazine that he wants to give more young people, families and clubs in the region ...

  • PaulCamper
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    ​German RV P2P portal Paulcamper sold to Australia for €31 million


    Berlin-based startup Paulcamper has sold its entire stake. The new owner is the listed company Camplify from Australia, which was founded in 2015. Camplify is one of Australia’s leading peer-to-peer (P2P) platforms that connects owners of campervans or RVs with renters, which is the same business model that Paulcamper operates. ...

  • Cébé
    News briefs

    Bollé is selling Cébé to a new partnership


    Bollé Brands Group is selling Cébé to a coalition of companies: D.MO and Racer. D.MO is devoted to project management and the industrialization of products in the outdoor sector. Both of its chief executives, Sébastien Delsaux and Maxime Bos, are former Cébé employees. Racer, meanwhile, is a French manufacturer of ...

  • rocky-brands
    News briefs

    Rocky Brands sells overshoe brand


    Rocky Brands has sold Neos Overshoe to the tool and equipment manufacturer SureWerx, at undisclosed terms. Along with The Original Muck Boot Company, Xtratuf, Servus and Ranger, Neos Overshoe was part of Honeywell’s footwear business, which Rocky Brands acquired in March 2021. In March of this year, SureWerx made another ...

  • A.LIGHT_GO_1080x

    Edelrid Group acquires avalanche backpack manufacturer ABS


    ABS is becoming part of the Edelrid Group (a company group that also includes the Edelrid brand and Vaude Vietnam). By adding the Munich-based avalanche backpack company to its portfolio, the group is expanding its range of personal protective equipment (PPE) for winter sports. ABS had been owned by Spin ...

  • Syntace-Liteville Logos
    News briefs

    Pierer Industrie AG acquires majority stake in Syntace


    Austrian-based Pierer Industrie AG has acquired an unnamed majority stake in renowned German bicycle component manufacturer Syntace GmbH. No details of the purchase price were disclosed. Syntace develops and produces a wide range of high-quality lightweight products from wheels to hubs, handlebars, seat posts and pedals. The high-quality MTB niche ...

  • News briefs

    Gruppo Seven acquires majority stake in Incall


    Gruppo Seven, the owner of Italian backpack specialists Invicta, has acquired a 75 percent stake in Incall SpA, a stationery producer based near Ancona and the owner of the Mitama brand. The financial terms of the transaction have not been disclosed. Incall, which posted revenues of €17 million in 2021 ...

  • Veloretti2

    Pon Holdings continues to invest in the automotive and bicycle mobility segments


    Source: Veloretti After the parent company of Pon Bike Group (PBG), Pon Holdings B.V., on June 1 became a minority shareholder in German car dealer Adelbert Moll GmbH & Co. KG (better known as Moll Group) for an undisclosed amount, the Dutch retail and services giant has ...

  • oberalp group
    News briefs

    Oberalp Group acquires Romanian shoe manufacturer Droker


    On Sep. 1, the South Tyrolean Oberalp Group acquired the Droker S.r.l. shoe factory based in Sebes in Transylvania, Romania, which has been producing 40 percent of Salewa’s total shoe production for years. A center of excellence had emerged in the region in recent decades, attracting various companies – especially ...

  • Trek_Logo
    News briefs

    Trek acquires two more U.S. retail chains


    Trek Bicycle Company is acquiring two chains in the U.S., American Cycle & Fitness and East Coasters Bike Shops. The deals will raise its store total to 35. These will be the company’s fourth and fifth acquisitions this year, after the 21 stores of David’s World Cycle (April), the two ...

  • Archroma_Huntsman_Logos

    Archroma acquires Textile Effects business from Huntsman


    The Swiss chemical solutions company Archroma (part of the U.S.-based investment firm SK Capital Partners) has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation. Huntsman Textile Effects was in the OIC news lately for its new PFC-free water repellent. The total enterprise value of ...

  • vista_outdoor_logo_Fox_Racing
    News briefs

    Vista closes acquisition of Fox Racing


    Vista Outdoor announced the closing of its acquisition of California-based Fox Racing for the purchase price of $540 million, with the potential for an additional $50 million earnout based on Fox Racing’s financial performance (OIC reported earlier). The addition of Fox Racing allows Vista Outdoor to add another category-leading brand ...

  • Pinion-CEOs

    Bombardier acquires majority stake in German bike transmission specialist Pinion


    Pinion, a Stuttgart-based manufacturer of a fully sealed manual bike transmission “Made in Germany,” which is based on sports car gearbox technology, has gained a new strategic partner in the Canadian group Bombardier Recreational Products Inc. (BRP), which has also become a majority shareholder alongside the founders and managing directors ...

  • Specialized-Rutland_Kombologo
    News briefs

    Specialized acquires U.K. retail chain Rutland Cycling


    Specialized has taken over Rutland Cycling, an independent cycle retailer in the U.K. Founded in 1981, Rutland currently has 12 stores in operation. Big Growth Fund, the London-based investment firm that became the largest shareholder in the company in March 2014, will be completely exiting the business. Simon Homer, managing ...

  • Simms-Vista

    Vista Outdoor acquires Simms Fishing Products


    Shortly after announcing its acquisition of Fox Racing, a California-based global provider of high-performance motocross, mountain biking and lifestyle gear, for at least $540 million, Vista Outdoor Inc. has now confirmed that it will also acquire Montana-based Simms Fishing Products. Simms is a premium fishing brand and leading designer, marketer ...

  • logo-sidi-hp
    News briefs

    Italmobiliare acquires Sidi Sport


    Italmobiliare has invested in Sidi Sport, the iconic Italian brand specializing in cycling and motorcycling footwear. As per the terms of the agreement, 100 percent of the capital of Sidi Sport S.r.l. will be taken over by Italmobiliare for €66 million, in addition to the net cash held by the ...

  • peli-products-air-cases-1485-1525-1535
    News briefs

    Peli Products Germany GmbH acquires production capacity in Germany


    Peli Products Germany GmbH, a subsidiary of California-based Pelican Products, Inc., a manufacturer of protective cases, temperature-controlled packaging solutions and portable lighting systems, has acquired the injection molding and rotational molding business of HVB Kunststofftechnik GmbH, which has been Peli’s manufacturing partner in Germany for 14 years. Since the partnership ...