All Corporate articles – Page 51
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The Thule Group has entered into a new, more flexible...
The Thule Group has entered into a new, more flexible and more cost-efficient financing agreement that replaces the one it had contracted in connection with its public offering in November 2014. The new revolving credit facility of €300 million has a maturity of five years with an option for a ...
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OnTracks, a French company that makes a connected device providing...
OnTracks, a French company that makes a connected device providing intuitive guidance for outdoor activities, without maps or audio assistance, has raised €1 million to pursue its development. Established in Marseille in 2016, OnTracks created a system working with two bracelets that vibrate and emit light signals to point the ...
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Clarus Corporation wants to trigger new synergies in marketing, sales...
Clarus Corporation wants to trigger new synergies in marketing, sales and direct-to-consumer operations in Europe between its main brand, Black Diamond, and Pieps, the Austrian brand of alpine safety equipment acquired in 2012. To this end, all the operational functions of Pieps are being transferred to Black Diamond's European office ...
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The Swix Sport Group is changing its name to Brav,...
The Swix Sport Group is changing its name to Brav, because it has turned into a company with multiple outdoor and winter sports brands. They generate annual sales in the range of one billion Norwegian kroner (€105.0m-$122.6m), about half of them outside of Norway. The Swix Sport Group was formed ...
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Vista Outdoor has sold its brands of eyewear – Cébé,...
Vista Outdoor has sold its brands of eyewear – Cébé, Bollé and Serengeti –to an investment fund for $150 million
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Compass Diversified, the former owner of Camelbak that recently bought...
Compass Diversified, the former owner of Camelbak that recently bought 5.11 Tactical and Crosman, says it is still looking for acquisitions, but mostly outside the outdoor sector unless it finds an exceptional opportunity in the segment
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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Osprey Packs has taken over the 80 percent stake it...
Osprey Packs has taken over the 80 percent stake it didn't own in Osprey Europe from Robert Wylie, who started the operation in 2003 and will continue to run it. The terms of the acquisition were not disclosed. The move will allow a closer integration of the rather successful European ...
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On June 20, five days after the publication of its...
On June 20, five days after the publication of its stellar results for the last financial year (see the article in this issue), Canada Goose announced a secondary offering for 10 million subordinate voting shares by three of its shareholders, corresponding to about 9 percent of its equity. Bain Capital, ...
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Glorify Unbreakable signed up its 1,000th “business rebel” in early...
Glorify Unbreakable signed up its 1,000th “business rebel” in early June as part of a crowd-funding campaign to help launch the Austrian sports and outdoor eyewear more deeply into the international market. Through the campaign, which kicked off in September 2017, the company's inventor and business owner, Christian Egger, was ...
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Calida Holding, the Swiss lingerie company that has controlled Lafuma...
Calida Holding, the Swiss lingerie company that has controlled Lafuma since December 2013, has announced the acquisition of a further 8.54 percent stake in the company, by taking over all the shares held by a minority investor, CDC Entreprises Elan PME. With this transaction, Calida's stake rises to 87.70 percent. ...
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Eddie Bauer and Pacific Sunwear, two struggling American retail chains...
Eddie Bauer and Pacific Sunwear, two struggling American retail chains that together have a total of 700 stores, are being merged into a single operation for all their back-office functions. They were both taken over by Golden Gate Capital through bankruptcy auctions.
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IDC Capital, a New York-based investment fund that has already...
IDC Capital, a New York-based investment fund that has already made many important investments in Chinese companies, has acquired a stake of nearly 20 percent in the Rossignol Group. One of the goals is to help the French company to optimize its penetration of the growing Chinese market for winter ...
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Keen Footwear is planning to adopt a new manufacturing process...
Keen Footwear is planning to adopt a new manufacturing process for its shoes that requires no stitching, no lasting and no assembly, called 3D bonding. Using an injection machine, a 3D mold and a countermold, the process takes only a few seconds and can be applied to all kinds of ...
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VF Corporation has announced the completion of its acquisition of...
VF Corporation has announced the completion of its acquisition of Altra from Icon Health & Fitness
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Various investment firms and equity funds are reportedly considering a...
Various investment firms and equity funds are reportedly considering a possible takeover of Woolrich International, the company controlled by Italy's WP Lavori in Corso, with a valuation of €250-300 million
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Newell Brands plans to divest Pure Fishing, a division of...
Newell Brands plans to divest Pure Fishing, a division of the former Jarden Corporation that groups numerous brands including Berkley, Abu Garcia, Penn and Shakespeare, joining Rawlings on the selling block. It will also seek a buyer for Jostens, among other assets in other sectors. Together, they represent about 35 ...
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Patrol Oy, the Finnish distributor of Fischer, has bought the...
Patrol Oy, the Finnish distributor of Fischer, has bought the One Way Sport brand of poles. The acquisition doesn't include the rights to the brand in China, which are owned by 361 Degrees. Meanwhile, Nordic Sports Consulting has started distributing the poles of Exel in Germany and Austria, according to ...
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Amer Sports notified the investment community that AXA, the French-based...
Amer Sports notified the investment community that AXA, the French-based insurance company, has raised its stake in the company to 5.26%
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Acting through its strategic investment arm, Tin Shed Ventures, Patagonia...
Acting through its strategic investment arm, Tin Shed Ventures, Patagonia has joined a $12.4 million funding round for NuMat Technologies, which develops and markets metal-organic frameworks (MOFs) that are programmed to specifically interact with targeted molecules. NuMat compares its manufacturing process to precision medicine in the health care sector.
