All Corporations articles – Page 152
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News briefs
Trek Bicycle has acquired Electra Bicycle Company for an undisclosed...
Trek Bicycle has acquired Electra Bicycle Company for an undisclosed amount. The move will expand Trek's market share in the cruiser and leisure market while Electra will benefit from Trek's financial, supply chain, distribution, and sales support. The Electra brand will continue to be managed and marketed out of its ...
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POW of Seattle has acquired Holden Outerwear, another American company...
POW of Seattle has acquired Holden Outerwear, another American company that was founded by a professional snowboarder, Mike LeBlanc, and a designer, Scott Zergebel, to bring street fashion to a mountain environment. POW is the parent company of POW Gloves and Spacecraft Collective, a brand that stands for very artistic ...
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Ploucquet, an affiliate of Sympatex Holding in Germany, will move...
Ploucquet, an affiliate of Sympatex Holding in Germany, will move all activities to its production site in Zittau. In addition to the existing “Tection” division, which covers technical textiles and applications, all the activities of the “Textiles” business area, which also includes fashion textiles, will also be operated in Zittau, ...
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Benetton Group plans to divest its Killer Loop and Playlife...
Benetton Group plans to divest its Killer Loop and Playlife brands to concentrate on its core business
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Jones Global Sports, the owners of the golf brand Bobby...
Jones Global Sports, the owners of the golf brand Bobby Jones, has announced that as from Dec. 2013, the design and sourcing departments for the brand have become internally managed. The move aims at helping execute purchases more efficiently and make it easier for the company to adhere closely to ...
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Sympatex Technologies has set up a subsidiary in Seoul for...
Sympatex Technologies has set up a subsidiary in Seoul for the Korean market, in an apparent recognition of its importance in the outdoor sector. It plans to expand the presence of its brand name in the country through a big sales campaign orchestrated with one of its clients, Trespass, on ...
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Accell Group is to combine the commercial and operational activities...
Accell Group is to combine the commercial and operational activities of its Dutch companies Koga, Batavus, Sparta and Juncker into a new entity named Accell Nederland, which will become operational on Jan. 1, 2014. The move, aimed at optimizing the operations of the bike brands in numerous areas, was announced ...
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News briefs
After its acquisition of Costa, the American producer of sports...
After its acquisition of Costa, the American producer of sports sunglasses, Essilor International, the world's largest supplier of ophthalmic lenses, has announced the takeover of Suntech Optics of Canada. Through a subsidiary called Bugaboos, the latter sells Ryders Eyewear, a line of performance sunglasses for mountain bike enthusiasts (more on ...
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Widening its base of debt investors to Central Europe, Amer...
Widening its base of debt investors to Central Europe, Amer Sports has signed a “Schuldschein” worth a total of around €70 million. For Amer, this typically German certificate of indebtedness is made up of a bundle of loans in euros and U.S. dollars with a maturity of five years that ...
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Amer Sports has extended the number of employees benefitting from...
Amer Sports has extended the number of employees benefitting from its Performance Share Plan from about 80 to 200 for the 2013-15 period. The amount of net rewards to be paid on the basis of the plan has been raised from a maximum total of 1.2 million shares to 1.4 ...
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News briefs
The Lafuma Group announced today that Calida Holding has carried...
The Lafuma Group announced today that Calida Holding has carried out its planned acquisition of 2.5 million new shares in the company at a price opf €14 per share, for a total investment of €35 million. It thus holds now 50.65 percent of Lafuma's equity and voting shares. In a ...
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News briefs
L Capital Asia Investment, a private equity fund sponsored by...
L Capital Asia Investment, a private equity fund sponsored by LVMH, has agreed to acquire a 40 percent stake in 2XU, an Australian brand of compression garments for triathletes, cyclists and runners, for 75 million Australian dollars (€49.0m-$66.9m). The acquisition will cut the combined shareholdings of the eight-year-old company's founders ...
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Bain Capital has taken over control of Canada Goods at...
Bain Capital has taken over control of Canada Goods at undisclosed conditions. Dani Reiss, the chief executive of the Canadian company, will retain a significant minority stake. Bain is the private equity firm that bought Jack Wolfskin from Johnson Outdoors in 2002 for €42 million and sold it for €93 ...
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Sympatex Technologies is opening a branch in Seoul, South Korea...
Sympatex Technologies is opening a branch in Seoul, South Korea
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Loubsol has obtained a formal certificate proving that its goggles...
Loubsol has obtained a formal certificate proving that its goggles are entirely manufactured in France. The French company, which was taken over by the Batteur group at the beginning of 2013, claims to be the only producer of snow goggles that has this kind of label, which seems to be ...
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Silver Lake Partners and William Morris Endeavor Entertainment have taken...
Silver Lake Partners and William Morris Endeavor Entertainment have taken over a controlling share in IMG Worldwide Holdings from Forstmann Little & Co. The deal is said value IMG at around $2.3 billion. Since Forstmann's takeover in 2004, IMG has been expanding its international reach. It now employs 3,500 people ...
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René Benko, the Austrian entrepreneur who took a 75.1 percent...
René Benko, the Austrian entrepreneur who took a 75.1 percent stake in the 28 sporting stores of Karstadt and its three premium department stores in September, is about to transfer half of the shares to Beny Steinmetz, a rich Israeli trader in diamonds and real estate, according to Manager Magazin. ...
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Sympatex Holding has completed the sale of bonds worth €13...
Sympatex Holding has completed the sale of bonds worth €13 million, with a coupon of 8 percent and maturing in five years' time. They are trading on the Open Market of the Deutsche Börse. The management says that 30 percent of the proceeds will be invested in product development and ...
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News briefs
Opro, a British producer of mouthgards, has acquired the Maru...
Opro, a British producer of mouthgards, has acquired the Maru swimwear brand for an undisclosed sum. As part of the deal, Maggie Upton and Roger Allen, who established Maru 23 years ago, will continue to be involved in the development of Maru's ranges. Both Maru and Opro are based in ...
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Punch Power, a French sports nutrition company, has reportedly acquired...
Punch Power, a French sports nutrition company, has reportedly acquired Care, a French supplier of stationary bicycles and other fitness equipment
