All M&A articles – Page 4

  • Thélios New Logo
    Article

    Thélios acquires Vuarnet

    2023-09-06T15:25:00Z

    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

    2023-09-06T15:21:00Z

    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

    2023-09-05T07:30:00Z

    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

    2023-09-01T15:24:00Z

    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-WORLDWIDE-INC.1
    Article

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

    2023-09-01T12:38:00Z

    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
    Article

    Mips invests in US sensor company

    2023-09-01T07:10:00Z

    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

    2023-08-31T06:24:00Z

    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

    2023-08-25T15:01:00Z

    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
    Article

    Everysport Group sells media portfolio worth €3.8m

    2023-08-22T07:03:00Z

    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

    2023-08-22T07:02:00Z

    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
    Article

    JD Group to be sole owner of MIG

    2023-08-09T05:33:00Z

    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
    Article

    NFL legend Tom Brady invests in British football club

    2023-08-05T12:20:00Z

    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

    2023-07-27T07:35:00Z

    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
    Article

    Authentic Brands adds another footwear brand to its portfolio

    2023-07-26T16:51:00Z

    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

    2023-07-23T09:58:00Z

    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, ...

  • 11teamsports_a6dd5f41c5
    News briefs

    11teamsports acquires Kickz

    2023-07-17T14:18:00Z

    11teamsports, one of Europe’s leading team sports specialists for products and team services, has acquired basketball and streetwear retailer Kickz. Kickz was founded in Munich in 1993 and is a multi-brand retailer specializing in basketball and sneakers. Zalando purchased Kickz in 2017 and sold it in late 2019 to Play ...

  • kit and ace
    News briefs

    Apparel brand Kit and Ace bought by Unity Brands

    2023-07-11T12:00:00Z

    Unity Brands Inc., a brand management and consulting firm, has acquired the Canadian technical lifestyle and apparel brand Kit and Ace Technical Apparel Inc. With the acquisition, Unity Brands aims to “propel Kit and Ace into a future marked by enhanced strategic initiatives, expanded market presence, amplified brand campaigns, elevated ...

  • JD group ISRG 2
    Article

    JD Sports to acquire all remaining shares of Iberian Sports Retail Group

    2023-07-09T10:22:00Z

    JD Sports Fashion has announced its intention to acquire the remaining 49.98 percent stake in Iberian Sports Retail Group (ISRG), currently held by Balaiko Firaja Invest and Sonae Holdings, for a total cash consideration of €500.1 million, to be funded from the group’s existing cash resources. Upon completion of the ...

  • coats-logo
    News briefs

    Coats sells European zips business to Aequita

    2023-07-05T15:39:00Z

    Shortly after the company announced the launch of a new footwear division, Coats Group, the British multinational specializing in the manufacture of yarns and structural components for apparel and footwear, announced the sale of its Opti Zips EMEA business to Aequita for an expected $1 million after the deduction of ...

  • EverySport Group Logo
    Article

    ​Everysport Group acquires equestrian sports media company

    2023-07-04T08:01:00Z

    Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, has reached an agreement to acquire equestrian media company Hippson Aktiebolag. The seller of the transaction is Perlavita AB, which is owned by AltoCumulus (a family business within the Axel Johnson Group). The acquisition complements Everysport’s existing ...