All M&A articles – Page 14
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News briefs
Rather Outdoors buys Zebco Brands
Rather Outdoors has announced that it has acquired Zebco Brands , a manufacturer of fishing rods, reels and accessories, based in Tulsa, Oklahoma. Through this acquisition, Rather expects to take full advantage of the growing interest in fishing, particularly in the segments of youth anglers and new anglers, where ...
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ArticleBike helmet brand Catlike acquired by Polisport
Portugal’s Polisport Group , a global leader in children’s bicycle seats, specializing in the bicycle and off-road motorcycle accessories product world with a total of seven companies and nine brands, has acquired Spanish bicycle helmet and accessories brand Catlike . With Catlike, Polisport aims to strengthen its portfolio with another ...
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News briefs
Tretorn’s parent company acquires Swedish outdoor retailer
Tretorn brand owner Thevea Brand Group has acquired Swedish outdoor retailer Friluftsvaror . For more than 50 years, Friluftsvaror has developed, produced and sold tents, backpacks, sleeping bags and other outdoor equipment. Through its online store, the retailer, which also operates a physical store in Malmö, sells its ...
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ArticleApex Global Brands to be sold to Galaxy Universal
Caifornia-based Apex Global Brands Inc ., a global brand management and licensing organization previously called Cherokee Global Brands and the parent company of the Hi-Tec , Magnum and Tony Hawk brands, amongst others, confirmed that it has entered into a merger agreement with Galaxy Universal LLC , ...
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ArticleGroup of investors takes over insolvent Sachsenring Bike Manufaktur
On Feb. 12, the responsible insolvency administrator, Dr. Philipp Hackländer of law firm White Case Partner , sold Sachsenring Bike Manufaktur GmbH to an unnamed group of investors. The new company founded by the group, Zweirad Union E-Mobility GmbH Produktion Co. KG , based ...
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News briefs
Rossignol finds new buyer for part of Time's assets
Rossignol has sold many of the bike frame manufacturing assets of Time Sport International to Cardinal Cycling Group of Little Rock, Arkansas. Rossignol had originally planned to make the sale to WhaTTfornow , but the French e-bike start-up pulled out of the deal for lack of ...
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News briefs
Kong ties up with Alp Design
Kong , the Italian company specializing in safety and rescue equipment, has announced a strategic partnership with Alp Design , also headquartered in Italy. Alp Design is a manufacturing company in the field of caving and canine rescue. Founded and managed by Stefano Masserini , it has been a pioneer ...
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News briefs
Open Air Group acquires WeHunt
Swedish Open Air Group ( OAG ) is continuing on its growth path. After investing in the Garphyttan brand in December and acquiring 100 percent of the shares in Ultracom in early January, the Stockholm-based group has now acquired 100 percent of the shares in WeHunt . ...
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ArticleRocky Brands invests $230m to buy footwear brands from Honeywell
Rocky Brands has agreed to acquire the performance and lifestyle footwear business of the U.S. conglomerate Honeywell International for $230 million. The deal is expected to close in the first quarter of 2021. The assets acquired are The Original Muck Boot Company , Xtratuf , Servus , ...
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ArticleBüchel integrates Kuhnert and Exal into group portfolio
In streamlining the organization, Kuhnert Drahtwaren and Exal Europe have been integrated into the Büchel Group . “Since Jan. 1 of this year, Büchel GmbH Co. Fahrzeugteilefabrik KG has taken over the joint business operations of the two companies,” reads a statement from the German ...
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News briefs
Italian postal service acquires Chinese e-commerce solution provider
The Italian postal and financial services group Poste Italiane and Cloud Seven Holding have signed a binding deal to reinforce their partnership in e-commerce services between Italy and China. Under the deal, Poste Italiane will buy 51 percent of the voting capital of Sengi Express , a wholly-owned ...
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News briefs
Brand Machine Group goes global with newly acquired U.S. outdoor brand Penfield
SGB Media reports that U.K.-based Brand Machine Group ( BMG ) has acquired U.S. outdoor brand Penfield , founded in 1975 and based in Massachusetts. BMG, a global licensing specialist, said it would begin Penfield’s global wholesale rollout this January for its fall/winter 2021 men’s and women’s collections; ...
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ArticlePon sells stake in Accell
According to reports in various Dutch media, Pon Holdings B.V. sold its 20-percent corporate stake in competitor Accell Group N.V. at the end of last year. At the time of writing, no official comment was available from either Pon or Accell. In 2017, Pon Holdings, which is well-positioned ...
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News briefsPolygiene’s acquisition of Addmaster approved
The shareholders of Polygiene, the Swedish supplier of anti-viral solutions, have accepted a proposal to issue new shares to help finance the acquisition of Addmaster Holdings , its very profitable U.K.-based supplier of anti-microbial additives for hard surfaces, for SEK 374 million (€36.7m-$44.7m) in cash and shares. Polygiene, whose ...
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News briefs
OAG acquires Ultracom to create Nordic platform for digital hunting experiences
Open Air Group ( OAG ), a Stockholm-based group that just acquired a minority stake in Swedish outdoor brand Garphyttan and operates e-retailers Widforss.se , Widforss.no , Retkitukku.fi and Koiravaruste.fi , in addition to several hunting-related brands, has acquired 100 percent of the shares of Ultracom , ...
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News briefsGarmin acquires GEOS Worldwide
Source: © Garmin Deutschland GmbH Garmin inReach Mini Garmin has acquired GEOS Worldwide , a company based in Montgomery, Texas, that provides emergency monitoring and incident response services, including search and rescue services for skiers, outdoor adventurers and boaters. The terms of the asset ...
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ArticleEmerald acquires software company PlumRiver
The trade show industry is seeking new ways to generate revenues and engage its clients because of the damage made to its physical events. Just as the Outdoor Retailer Winter Market is starting its new OR Winter Online edition (Jan. 6 - March 19, with Summit Days on ...
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News briefsVF completes acquisition of Supreme
VF Corp. reports that it has completed its previously announced acquisition of the streetwear brand Supreme® for an aggregate base purchase price of $2.1 billion subject to customary adjustments for cash, indebtedness, working capital and transaction expenses. As a result of the transaction, Supreme has ...
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News briefs
Wintersteiger acquires Norwegian distribution partner
Wintersteiger , the Austrian supplier of ski rental and ski service systems, has decided to acquire Board Ski Teknikk AS , a Norwegian company that has been its distributor for over 30 years, servicing the Swedish market as well. The move is linked to the retirement of the ...
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ArticleGerman bike company Canyon bought by Belgian Adidas shareholder
Groupe Bruxelles Lambert ( GBL ), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles , the German bike producer known for its direct-to-consumer approach. Roman Arnold , a former supplier of bike components who founded the brand in 2002, will reinvest a ...
