All M&A articles – Page 10
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ArticleBackcountry 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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News briefsMerida Industry Expands Stake in German Subsidiary
The Taiwanese company deepens its stake in Merida & Centurion Germany, moving to 90% ownership as Wolfgang Renner approaches retirement.
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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.
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News briefsMountain Warehouse acquires EMS for $10 million
The British specialty retailer closes a deal to acquire the US company Eastern Mountain Sports, saving seven stores and 100 jobs.
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News briefsOutside acquires MapMyFitness apps
The Colorado-based company expands its fitness ecosystem by acquiring MapMyFitness apps from Under Armour.
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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.
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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.
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News briefsThule acquires trailer company
Reacha, a German brand of small trailers, mostly designed for bicycles and water sports equipment, is the latest addition to the Swedish Thule Group.
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News briefsGridiron Capital sells GSM Outdoors to Platinum Equity
The Connecticut-based investment firm announced the signing of a definitive agreement to sell its majority interest in GSM Outdoors to a California-based private equity firm.
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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.
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News briefsVista responds to MNC’s comments amidst wrangling over partial sale of the group
Vista Outdoor says that MNC Capital misled Vista’s investors by claiming that it needed the group’s approval to make a tender offer.
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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.
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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.
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News briefsCalida Group sells last of its non-lingerie brands
The Swiss Calida Group, which sold the outdoor brands Lafuma and Millet in 2022, has received a binding offer from Peugeot Frères Industrie for the sale of Lafuma Mobilier.
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ArticleVista’s Board of Directors reaffirms committment to sale of The Kinetic Group to CSG
Vista Outdoor’s Board of Directors has issued an open letter to its shareholders recommending once again the sale of The Kinetic Group, Vista’s ammo segment, to the Czech company CSG.
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News briefsRevelyst sells wood pellet manufacturer
Vista Outdoor’s outdoor segment, Revelyst, has announced the sale of the assets of Fiber Energy Products, the company’s wood pellet manufacturer, to Lignetics, Inc. Arkansas-based Fiber Energy began producing 100 percent natural wood pellet fuel in 2006 and has grown over time to become a manufacturer of barbecue pellets and ...
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ArticleCSG raises purchase price for The Kinetic Group to $2.1bn
Continuing the back-and-forth over the partial or complete sale of its business segments, Vista Outdoor has announced that it has entered into an amendment to the merger agreement with Czechoslovak Group a.s. (CSG) that increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by ...
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News briefsWeSports acquires holding stake in Swedish company Cargobike
Stockholm-based group WeSports announced the approval of a strategic partnership with the Swedish company Cargobike, founded in 2007, in which the company acquires a holding stake. Cargobike is recognized as the market-leading specialist in cargo bikes and functional mobility in the Nordics, with a turnover of SEK 116 million (€10.2m) ...
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News briefsVista Outdoor reviews MNC’s offer after receiving additional information
Vista Outdoor has officially confirmed receipt of additional information requested from Canadian MNC Capital to review a revised expression of interest from MNC expressing its final desire to acquire Vista Outdoor in an all-cash transaction for $42.00 per share. The Vista Outdoor Board is now carefully considering the additional information ...
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News briefsVista considers MNC’s new offer, postpones CSG vote
After Montréal-based MNC Capital raised its offer for all of Vista Outdoor to $3.2 billion, the group’s Board postponed the July 2 special meeting of shareholders to vote on the sale of The Kinetic Group to Czechoslovak Group (CSG) until July 23. The Board said it would consider MNC’s offer ...
