All M&A articles – Page 27
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ArticleNo pressure for the sale of Mammut
As previously reported, the Conzzeta Group plans to divest its Outdoor division, which essentially consists of the Mammut Sports Group. Addressing financial analysts, the Swiss group’s management pointed out, however, that it is under no pressure to sell it at just any price because of the current economic uncertainty. For ...
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ArticleMontane has found an investor
A Scottish investment company based in Edinburgh, Inverleith, signed a deal last Friday to take over majority control of Montane for an undisclosed price. It has also agreed to invest in the business to recruit new managers, to expand its office in northern England, to boost product development and marketing ...
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News briefs
The Calida Group continues to slim down the Lafuma Group
The Calida Group continues to slim down the Lafuma Group, focusing it on the Lafuma and Millet brands. It reports that Rainbow, a company founded by Emmanuel Debruères and Jean-Christophe Chetail, has offered to acquire Oxbow from Lafuma, adding that Debruères and Chetail seek to raise Oxbow toa new stage ...
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Article
Pelican acquires Confluence
Pelican International, a Canadian group that already makes all manner of recreational boats, has acquired Confluence Outdoor, another maker of boats based in the U.S. that did not achieve the economies of scale that its new owners were betting on. The financial terms of the deal remain undisclosed.
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Article
Is Pentland readying new acquisitions?
Confirming a report that it had reduced its stake in JD Sports Fashion, while retaining its position as its majority shareholder, the Pentland Group says the sale of the shares will enable to further a strategy of “growing our portfolio of sports, outdoor and fashion brands through organic investment and ...
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Article
Conzzeta is divesting Mammut
The board of directors of the Swiss Conzzeta group has decided to evaluate proposals for the takeover of its Mammut business unit and some other non-core operations, and to focus on its bigger Bystronic business unit, which deals with the automation and integration of the material and data flow in ...
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Article
Lafuma is selling Eider
Lafuma has received a binding acquisition offer for its Eider brand from K2, the South Korean technical outdoor company. K2, which is not related to the American ski brand by the same name, is already the licensed distributor of the Eider brand for the important market of South Korea.
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News briefs
Major acquisition in paddlesports in the U.S. : Utah-based Lifetime...
Major acquisition in paddlesports in the U.S. : Utah-based Lifetime Products has bought the patents, manufacturing tools, trademarks and retail contracts of Emotion Kayaks, a company based in Pennsylvania. The interesting point about this story is that Lifetime openly admitted that one of the reasons for the takeover was a ...
