All M&A articles

  • Le Coq Sportif
    News briefs

    Descente divests Le Coq Sportif for China


    Japanese apparel company Descente is transferring the Le Coq Sportif brand for mainland China to its consolidated subsidiary Le Coq Sportif (Ningbo) Co, Ltd. for 4.9 billion Japanese yen (€31.1m). Le Coq Sportif (Ningbo) is 75 percent owned by Descente and 25 percent owned by Itochu Textile China and was ...

  • JD and Courir
    News briefs

    JD closer to buying Courir


    The acquisition of Courir has advanced to the next stage, with JD Sports Fashion signing an agreement to make the purchase for €520 million, as CMDsport reports. The sum is to comprise €325 million in cash and €195 million in redemptions. The deal remains subject to regulatory approval but is ...

  • Champion-logo
    News briefs

    HanesBrands evaluates strategic options for its Champion brand, weighs potential sale


    HanesBrands has announced that its board and executive team are assessing strategic options for the global Champion business, including “a potential sale or other strategic transaction,” the company said in a statement. That does not mean that the assessment process will result in any particular transaction or strategic outcome regarding ...

  • agilitas-sports mochiko-shoes
    News briefs

    Former Puma MD for India & Southeast Asia to buy India’s largest athletic footwear manufacturer


    Source: Puma Abhishek Ganguly India Retailing has reported that Agilitas Sports, co-founded by former Puma India & South East Asia Managing Director Abhishek Ganguly, will acquire Mochiko Shoes for an undisclosed amount. Agilitas Sports is a platform for sportswear and athleisure solutions, while Mochiko is India’s largest ...

  • Cuil Raccoon

    National Running Show organizer Raccoon acquired by investment company


    Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment by acquiring a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, other trade ...

  • Thélios New Logo

    Thélios acquires Vuarnet


    Thélios, the eyewear company of French luxury group LVMH, has announced its acquisition of Vuarnet from NEO Investment Partners, the U.K.-based investment fund that owned the brand since 2013. This marks the first brand acquisition by Thélios, whose portfolio included exclusively fashion brands from its parent company until now. Thélios ...

  • Manchester United
    News briefs

    Manchester United will reportedly be taken off the market


    The Daily Mail has revealed that the Glazers are going to take Manchester United off the market after failing to get close to their anticipated asking price. The newspaper cites “a source with long-standing close ties to the American family.” Reports in February suggested that a Qatar-based consortium of private ...

  • coats-logo
    News briefs

    Coats completes sale of European Zips business


    Coats said that it has completed the sale of its low-margin European Zips business. In July, the British industrial thread and global footwear component manufacturer, announced that it had entered into an agreement to sell its European Zips business to Aequita for an expected nominal cash consideration of around $1 ...

  • ABG Boardriders
    News briefs

    Authentic completes acquisition of Boardriders


    Authentic Brands Group has confirmed the completion of the acquisition of Boardriders, the owner of the action sports and lifestyle brands Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper and Honolua. With the completion of the acquisition, Authentic says its annual retail sales total more than $29+ billion worldwide. ...


    Wolverine sells Hush Puppies IP in China, divests US leather business


    Wolverine World Wide, Inc. announced additional steps in the ongoing streamlining of its brand portfolio, including the sale of Hush Puppies intellectual property in China, Hong Kong and Macau, and the sale of its US Wolverine Leathers business. The portfolio transformation is expected to help the company become more efficient, ...

  • Mips Quin

    Mips invests in US sensor company


    Swedish helmet safety specialist Mips AB has entered into an agreement to acquire 25 percent of Dallas, Texas-based sensor technology company Quintessential Design, Inc (Quin Design) for $7.3 million. Quin is an ingredient brand for event detection technology and has been providing specialized sensor fusion and software for helmet brands ...

  • Limonta
    News briefs

    Limonta acquires Korean textile firm BATM


    Italian textile company Limonta has announced the acquisition of BATM Co., Ltd., a Seoul-based firm that offers textiles for sportswear developed and produced in South Korea. The acquisition is meant to strengthen Limonta’s presence in Asia while enhancing its offer of innovative textiles for the world of fashion and luxury, ...

  • logo-world-padel-tour
    News briefs

    Qatar has acquired World Padel Tour to form unified Premier Padel circuit


    Qatar Sports Investments (QSI), the owner of Premier Padel, has bought the rival tour World Padel Tour from its organizer, Spanish firm Damm, for an undisclosed amount. QSI intends to combine the two competitions into a unified global circuit starting in 2024. World Padel Tour and Premier Padel will continue ...

  • EverySport Group Logo

    Everysport Group sells media portfolio worth €3.8m


    Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, has reached an agreement with Better Collective A/S to divest a portfolio consisting of the brands and media sites SvenskaFans (Sweden’s largest online sports fan community with over 750 active contributors), Hockeysverige (the largest ice hockey news ...

  • randa_GolfNZ_DotGolf
    News briefs

    The R&A and Golf New Zealand invest in tech solutions provider DotGolf


    The R&A and Golf New Zealand have announced that they are forming a strategic partnership with DotGolf, an international provider of golf technology solutions. The partnership will see The R&A and Golf New Zealand take a 50 percent equity stake in DotGolf. Based in Auckland, New Zealand, DotGolf was formed ...

  • JD Group

    JD Group to be sole owner of MIG


    JD Sports Fashion Plc has announced that it has exercised its rights under a call option and entered into a conditional agreement to acquire the outstanding 40 percent minority stake of Marketing Investment Group S.A. (MIG) from its minority shareholders. The JD Group will now become the 100 percent sole ...

  • 95c3d6c0-a279-41e7-833b-eda46ceee158

    NFL legend Tom Brady invests in British football club


    American football legend, seven-time Super Bowl champion and entrepreneur Tom Brady has partnered with Knighthead Capital Management LLC to become a minority owner of Birmingham City Ltd. Brady will become chairman of the new advisory board and work directly with the board and members of the Birmingham City Football Club ...

  • Junction 32
    News briefs

    Mike Ashley is reportedly eyeing an outlet shopping village near Leeds


    British billionaire Mike Ashley, the founder of Sports Direct, has reportedly offered nearly £50 million (€58.4m) for Junction 32, according to The Times. Junction 32 is an outlet shopping village on the outskirts of the U.K. city of Leeds, in Yorkshire. The shopping destination, which features a retail space of ...

  • Rockport

    Authentic Brands adds another footwear brand to its portfolio


    Authentic Brands Group (ABG) has today confirmed its acquisition of footwear brand Rockport after speculation in June of this year that it was the “stalking horse” bidder for The Rockport Company. ABG announced that the United States Bankruptcy Court for the District of Delaware has approved the sale transaction of ...

  • nobull-logo-vector
    News briefs

    Beverage mogul takes majority stake in Nobull


    Impact Capital, the private equity arm of billionaire Mike Repole, last week acquired an unspecified majority stake in Nobull, a training footwear and apparel brand co-founded by ex-Reebok executives Marcus Wilson and Michael Schaeffer in 2015. His plans for the brand may include an eventual initial public offering. Repole, ...