Hi-Tec to be acquired by Cherokee

2016-12-01T00:00:00

Cherokee Global Brands (CGB), a U.S. company specializing in apparel sales and licensing, has agreed to take over nearly all of the assets of Hi-Tec Sports International for an aggregate purchase price of about $95.8 million from the Van Wezel family, and to transform the Dutch-based sports and outdoor footwear ...

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