All M&A articles

  • ClifTwinFalls_Interior1
    News briefs

    Mondelēz to buy Clif Bar for $2.9 billion


    Mondelēz International will buy Clif Bar & Company for $2.9 billion with the potential for additional payments. The goal is to complete the purchase in the third quarter. “Mondelēz International is the right partner at the right time to support Clif in our next chapter of growth,” Sally Grimes, chief ...

  • News briefs

    Liberated Brands acquires surfing brand Captain Fin


    Surf lifestyle and hardgoods brand Captain Fin Co. has been acquired by Liberated Brands, the global master licensee for Volcom and Spyder. Based in San Diego, Captain Fin has been designing and building surfboard fins, clothing and surfing accessories since 2007. Liberated Brands, which has its global headquarters in Costa ...

  • News briefs

    Turtle Fur changes hands


    IcebVenture 7 Advisors announced that private equity firm Camano Capital has acquired a majority stake in Turtle Fur, a Vermont-based manufacturer and distributor of headwear and accessories for the snowsports and lifestyle markets. Richard Sontag, owner of Turtle Fur, will retain a partial stake in the company. Venture 7 Advisors ...

  • Excel Fitness USA logo
    News briefs

    Altamont Capital Partners exits investment in Excel Fitness


    After a six-year partnership with Excel Fitness, a Planet Fitness franchise group, California-based Altamont Capital Partners has exited its investment with the sale of the company Olympus Partners from Connecticut. As part of the transaction, which closed last month, Excel’s management team and founders worked with Altamont to establish a ...

  • Codi_Primaloft

    CoDi to acquire PrimaLoft


    Compass Diversified (CoDi), the Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, Marucci Sports and Velocity Outdoor, announced that it has entered into a definitive agreement to acquire the equity of PrimaLoft Technologies Holdings, Inc, the parent company of the PrimaLoft business and brand, at an enterprise ...

  • News briefs

    DuPont Biomaterials sold, reincorporated as Covation Biomaterials


    Following the completion of the purchase from DuPont for approximately $240 million, the Chinese Huafon Group has reincorporated former DuPont Biomaterials as a stand-alone company under the name Covation Biomaterials headquartered in the U.S. state of Delaware. Covation aims to create sustainable building blocks for customers to make innovative bio-based ...

  • Arklyz

    Arklyz continues to invest in retail businesses


    First Shoe City store. © Arklyz Group Following Arklyz Group’s July 2021 acquisition of The Athlete’s Foot (TAF) from Intersport International Corp. and its acquisition of Asphaltgold, a European omnichannel provider of high-end sneakers and streetwear based in Germany, earlier this month, the acquisition-happy Swiss retail group ...

  • Reebok_logo
    News briefs

    Turkish footwear retailer apparently plans to take over 100 Reebok stores in Russia


    According to Reuters, Turkish footwear retailer Flo Magazacilik is reportedly in the midst of negotiations to acquire more than 100 stores that Reebok owns and operates in Russia. The retailer is currently a wholesaler in Russia but does not operate its own stores there in the country. Authentic Brands, owner ...

  • Bemis Protechnic
    News briefs

    Bemis acquires French company Protechnic


    Bemis Associates, a U.S. manufacturer of thermoplastic films, tapes and adhesives for bonding catering to various industries, including sportswear, outerwear and intimates, has acquired France-based manufacturing company, Protechnic. The two companies have complementary products and technologies and a strong alignment in their corporate values and culture. Protechnic’s focus on global ...

  • News briefs

    Sports Marketing Survey acquires Culture of Insight


    Survey specialists Sports Marketing Survey have acquired data preparation and visualization experts Culture of Insight. The two companies had previously formed a close partnership. The employees of Culture of Insight will be employed by Sports Marketing Survey from now on. Culture of Insight brings clients such as Eurosport, Formula1 and ...

  • Asphaltgold_Logo
    News briefs

    Arklyz acquires sneaker retailer Asphaltgold


    Arklyz, the owner since 2021 of The Athlete’s Foot, the sports lifestyle footwear banner previously owned by Intersport International (IIC), has added Asphaltgold, a European omnichannel provider of high-end sneakers and streetwear based in Darmstadt, Germany, to its portfolio. “The acquisition of Asphaltgold was a very strategic decision for us,“ ...

  • SNIPESStore
    News briefs

    Snipes acquires Croatian retailer Shooster


    Following its successful expansion into Poland (acquisition of the Distance fashion chain in June 2021) and the takeover of the American retail chains Jimmy Jazz and Expressions in the same year, Cologne-based sneaker and streetwear retailer Snipes is continuing its expansion course with the acquisition of Croatian retailer Shooster. Alongside ...

  • Suunto-Logo.svg
    News briefs

    Amer completes sale of Suunto


    Amer Sports and Liesheng have completed the transaction in which Amer sold Suunto to the Chinese technology company, first announced in January. Suunto will continue to focus on high-end outdoor wearables under its new ownership, the participating parties said. Rothschild & Co acted as financial advisor and Avance as legal ...

  • Pearl Izumi
    News briefs

    United Sports Brands acquires Pearl Izumi from Shimano


    California-based United Sports Brands (USB), owner of Spalding, Nathan, Shock Doctor and KT Tape, among others, has acquired the bike apparel brand Pearl Izumi from Shimano. USB is a portfolio company of Bregal Partners, a private equity firm. Pearl Izumi has been part of the Japanese Shimano company since 2008. ...

  • Futbol Emotion

    Fútbol Emotion changes hands


    Fútbol Emotion is under new ownership and management. Meridia Capital has sold the large minority stake it had held since May 2018 to Grupo Tansley, which has now put together a majority stake, wresting control away from the founding Sánchez Broto family. No further details on terms or the size ...

  • Wahoo Fitness
    News briefs

    Wahoo acquires RGT Cycling and launches Wahoo X subscription service


    U.S. company Wahoo Fitness has added the virtual cycling platform RGT Cycling (now Wahoo RGT) to its ecosystem of training and community connection solutions. Wahoo RGT is a virtual cycling simulator platform using detailed virtual roads, to be cycled alone or with others. Routes can be picked either from a ...

  • 54-540103_save-the-duck-save-the-duck-brand
    News briefs

    Save the Duck has new majority stakeholders


    Milan-based private equity firm Progressio SGR has sold its majority stake in Save the Duck to Reinold Geiger and André Hoffmann, respectively chairman and CEO of L’Occitane International. Both Geiger and Hoffmann, who already held a minority stake in the down-free outerwear specialist, are investing in their personal capacity through ...

  • News briefs

    AGB potential bidder for Ted Baker


    According to SkyNews, the New York-based Authentic Brands Group (AGB), which owns brands like Reebok, David Beckham and Juicy Couture, is exploring a bid for the London-listed fashion brand Ted Baker, owner of hundreds of standalone stores and concessions globally, that is just restructuring its business after financial torrents in ...

  • News briefs

    Lewis Hamilton and Serena Williams join bid for Chelsea


    According to the British press, Formula One driver Lewis Hamilton and tennis player Serena Williams have each pledged about £10 million towards a bid to purchase London’s Chelsea FC. The owner, Roman Abramovich – triple citizen of Russia, Israel and Portugal – put the club up for sale on March ...

  • WeSports
    News briefs

    WeSports strengthens position in floorball with purchase of Evosport, owner of Oxdog


    WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has acquired Evosport AB. Founded in 2011, Evosport designs, develops and distributes floorball products and equipment globally under the Oxdog brand, the largest floorball brand on social media, according ...