All M&A articles – Page 7

  • skylotec-gmbh-logo-vector
    News briefs

    Skylotec acquires parts of Dutch TAGS Group

    2022-05-09T11:52:00Z

    On April 1, Skylotec, the German manufacturer of industrial and sports climbing as well as protective equipment, acquired individual product groups from the Dutch TAGS Group. The acquisition expands the product range in the Law Enforcement and Armed Forces (LEAF) segment. It makes the German family-owned company the world’s only ...

  • Pearl Izumi
    News briefs

    Shimano divests Pearl Izumi to United Sports Brands

    2022-05-09T09:30:00Z

    Califonia-based United Sports Brands (USB), owner of Spalding, Nathan, Shock Doctor and KT Tape, among others, has acquired the bike apparel brand Pearl Izumi from Shimano, the Japanese manufacturer of cycling components, fishing tackle and rowing equipment. USB is a portfolio company of private equity firm Bregal Partners. Besides its ...

  • News briefs

    GSM Outdoors takes over Bill Lewis lures brand

    2022-05-04T09:53:00Z

    U.S. hunting gear company GSM Outdoors has expanded its presence in the fishing market with the acquisition of the Bill Lewis Rat L-Trap brand of baits. The terms of the deal were not disclosed. This new move follows GSM’s first acquisition in the sector of Gary Yamamoto Custom Baits last ...

  • Accell Group: CEO Tom Anbeek
    News briefs

    Accell Group updates takeover details

    2022-05-03T06:59:00Z

    Source: Accell Group CEO Tom Anbeek Accell Group issued a clarification about its looming €58.00 a share takeover by a consortium led by buyout firm Kohlberg Kravis Roberts (KKR). The all-cash offer, which values the Dutch bike company at €1.56 billion (a premium of 42 percent over ...

  • logo-mmg-lafuma-millet
    News briefs

    Calida finalizes sale of Millet

    2022-04-21T07:21:00Z

    The Swiss Calida Group has finalized the sale of Millet Mountain Group on April 20, 2022. Jean-Pierre Millet, investor and grandson of Millet’s founder, and Inspiring Sport Capital, a private equity firm specializing in sports investments, have acquired the Millet Mountain Group with the Millet and Lafuma Outdoor brands, returning ...

  • Accell Group logo 2021.jpg - 1
    News briefs

    Accell Group sets May meeting date on KKR offer

    2022-04-21T07:21:00Z

    The Dutch Accell Group has established May 20 as the date for the extraordinary general meeting on the recommended all-cash, €1.56 billion (€58.00 a share) offer for the company by a consortium led by U.S. financial investor Kohlberg Kravis Roberts (KKR). The offer, initially revealed in late January, was formally ...

  • Online Brands Nordic AB has acquired Isbjorn of Sweden
    Article

    Online Brands Nordic completes acquisition of Nordic Kidswear and Isbjörn of Sweden

    2022-04-20T14:05:00Z

    E-commerce specialist Online Brands Nordic AB has finalized the acquisition of Nordic Kidswear AB, which includes Isbjörn of Sweden, the sustainable Swedish outdoor children’s clothing brand, as previously announced in January. Founded in 2005 by Maria Frykman and Camilla Schmidt, Isbjörn of Sweden has an undisputed reputation for producing highly ...

  • Bildschirmfoto 2022-04-19 um 10.41.54
    News briefs

    ​WeSports acquires community and shop for lightweight outdoor gear

    2022-04-19T09:09:00Z

    WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has completed the acquisition of Backpackinglight, a Scandinavian community that helps hikers and adventurers have a lightweight outdoor experience. Founded in 2008, Backpackinglight operates out of Umeå, Sweden, where ...

  • TVS Motor
    Article

    TVS Motor Group acquires majority stake in another European e-bike company

    2022-04-17T08:22:00Z

    The acquisition of an 80 percent majority stake in Swiss e-bike brand Ego Movement last year was followed by a 75 percent majority stake in Swiss E-Mobility Group (SEMG, the parent company of domestic e-bike retail chain M-Way, among others) in February 2022. Now, Indian two-wheeler and utility vehicle manufacturer ...

  • Accell KKR
    News briefs

    KKR formally submits offer for Accell Group

    2022-04-11T14:37:00Z

    U.S.-based financial investor Kohlberg Kravis Roberts & Co. Inc. (KKR) formally announced its €58-per-share offer for Dutch-based Accell Group, owner of Ghost, Haibike, Babboe, Batavus, Lapierre, Winora and other bicycle brands, on April 7, with an acceptance deadline of June 3. The offer per share represents a 26 percent premium ...

  • News briefs

    Sharpe’s of Aberdeen acquired by MAG NI Holdings, owner of Dennett Outdoor

    2022-04-06T11:14:00Z

    MAG NI Holdings, the owner of Dennett Outdoor, has announced that it has acquired the assets of Clan Nets, which trades as Sharpe’s of Aberdeen. Dennett Outdoor and Sharp’s will continue to operate as separate entities, with Dennett as the exclusive distributor of Sharpe’s products in the U.K. and Ireland. ...

  • Snowbound Fest-Logo
    News briefs

    Raccoon buys U.S. B2C event from SIA

    2022-03-18T10:55:00Z

    Raccoon Events, the British company behind the National Running Show and the National Outdoor Expo in the U.K., has acquired the Snowbound Festival from Snowsports Industries America (SIA). Raccoon and SIA announced that they would form a long-term partnership in conjunction with the Snowbound B2C event. The partnership aims to ...

  • BUZZBIKE_LOGO_AW_01-01
    Article

    SSU invests in bike subscription service Buzzbike

    2022-03-11T11:46:00Z

    Signa Sports United (SSU) has invested in U.K.-based bike subscription service Buzzbike as part of its expansion strategy. The deal will enable the London-based startup to expand into European and U.S. cities. Buzzbike offers a flexible monthly membership package that includes a premium city bike, lock, on-demand maintenance, theft protection, ...

  • Velocio Logo
    News briefs

    SRAM gives apparel a try, acquires Velocio

    2022-03-10T15:15:00Z

    Chicago-based bicycle component manufacturer SRAM has made its first foray into clothing with the acquisition of 9-year-old cycling apparel brand Velocio from New Hampshire. The two companies have worked closely together in the past, and Velocio was looking for a strategic buyer that could offer more independent product design and ...

  • 2019-Taxa-logo
    News briefs

    L Catterton acquires Taxa Outdoors

    2022-03-09T05:23:00Z

    Taxa Outdoors, a Texas-based manufacturer of lightweight, mobile habitats for outdoor adventure, today announced that it has been acquired by the Growth Fund of L Catterton, reportedly the largest global consumer-focused private equity firm. L Catterton is a former investor in Sweaty Betty or Peloton and currently owns 8.4 percent ...

  • dometic-logo
    News briefs

    Dometic acquires two U.S. mobile power solutions brands

    2022-03-07T14:01:00Z

    Swedish company Dometic has entered into an agreement to acquire Treeline Capital LLC. Treeline is a leading provider of value-added technical service and aftermarket products and mobile power solutions for the North American marine market under the CDI Electronics and Balmar brands. Through these brands, Treeline serves the rapidly growing ...

  • Janus Odlo
    Article

    Odlo acquires Janus, moves wool production to Norway

    2022-03-01T17:15:00Z

    Odlo International AG, the Swiss company with Norwegian roots, has reached an agreement to acquire 100 percent of the shares in Janus Holding AS. Janus, founded in 1895, is Norway’s largest and oldest manufacturer of wool underwear and the only remaining company producing wool products on a large scale in ...

  • img_1
    Article

    Porsche gathers even more e-bike power

    2022-02-11T14:54:00Z

    After unveiling its first e-bike under the Cyklær brand with partner Storck Bicycle in 2021 and acquiring a majority stake in e-bike manufacturer Greyp Bikes the same year, Porsche continues to invest in its non-automotive future, particularly in the fast-growing e-bike market. The Stuttgart-based sports car manufacturer has now announced ...

  • GBS Logo
    News briefs

    Shimano acquires minority stake in Get Bike Service

    2022-02-10T14:20:00Z

    The Dutch start-up Get Bike Service (GBS) has received a cash injection from Shimano. The amount was not disclosed, only that the Japanese company now holds a minority stake in GBS. GBS says it is “the largest independent service provider in Europe and focuses on the maintenance and repair of ...

  • logo-mmg-lafuma-millet
    Article

    Calida completes sale of Millet Mountain Group

    2022-02-08T08:16:00Z

    As previously reported, the Calida Group in late December received a binding offer from Jean-Pierre Millet, together with Inspiring Sport Capital, to sell the Millet Mountain Group, which includes the Millet and Lafuma Outdoor brands. Calida now reports that it has received the final approval of the French work council ...