All M&A articles – Page 2
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News briefs
New Backcountry owner secures $112m in financing for takeover
CSC Generation acquired the e-tailer with a substantial $112 million credit package, supported by financial partners to refinance debt.
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Article
Vista Outdoor supports revised CSG deal over MNC capital’s full acquisition bid
Vista Outdoor backs a revised bid from CSG for its ammunition division, while an unnamed equity firm makes a move for the outdoor division.
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News briefs
Lolë Brands acquires Louis Garneau Sports assets
French-Canadian sports and leisurewear supplier expands its portfolio with the acquisition of LGS’ Garneau, Sugoi and Sombrio brands.
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News briefs
Vista announces increased cash consideration for CSG transaction
The latest development in the back-and-forth of the Vista spin-off sees the group increasing cash consideration for its CSG deal to $28 per share.
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Article
Snow Peak acquires majority stake in New Zealand fly rod company
The Japan-based outdoor brand acquires a majority stake in Swift Fly Fishing, expanding its global footprint and blending outdoor gear with fly fishing experiences.
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News briefs
Vista delays CSG sale vote again
The delay comes after MNC Capital made an improved offer of $42 per share to take the company private.
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Article
Backcountry 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 briefs
Merida 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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Article
Sasta 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 briefs
Mountain 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 briefs
Outside acquires MapMyFitness apps
The Colorado-based company expands its fitness ecosystem by acquiring MapMyFitness apps from Under Armour.
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Article
Lolë 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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Article
Vista 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 briefs
Thule 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 briefs
Gridiron 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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Article
Founding 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 briefs
Vista 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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Article
CSG 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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Article
Vista 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 briefs
Calida 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.