All M&A articles
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ArticleGrendene sells its US unit to Pajar
Grendene announced that on Aug. 7 it signed an agreement to sell its wholly-owned US subsidiary, GGB USA, to the Canadian group Pajar for $3.61 million. ”Upon completion of the transaction, Pajar will hold the entire equity interest in GGB USA, which will continue its operations in the United States ...
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ArticleVida buys the New York brand Donald Pliner
New York-based Vida Shoes International has acquired the Donald Pliner brand, including all associated intellectual property and brand assets. The transaction closed on July 20 but no financial details were released. “For more than 52 years, Vida has specialized in developing, manufacturing, marketing and distributing footwear,” said Solomon Dabah, the ...
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ArticleCanada Goose to sell Baffin to Royer
Canada Goose has agreed to sell the Canadian performance footwear brand Baffin to the Québec-based footwear manufacturer Royer, marking a strategic move to streamline its business and sharpen its focus on the Canada Goose brand. Financial terms of the transaction were not disclosed. The deal is expected to close in ...
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Prologis to buy Segro
The American warehouse and logistics operator Prologis said that it has reached an agreement to buy its UK peer Segro for about $18.8 billion. Under the terms of the recommended acquisition, Segro shareholders will receive 0.0920 new Prologis shares for each share held. Shareholders may elect to receive cash in ...
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German market regulator ends Zalando probe
Germany’s financial regulator, BaFin, has ended its investigation into Zalando’s financial statements for 2025 without imposing a fine. BaFin began its review on June 19 on the grounds that Zalando may have omitted information regarding a related-party transaction as part of its acquisition of About You, which was completed ...
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Frasers hikes its stake in Hugo Boss
Frasers Group announced on July 21 that it had acquired 2,549,900 shares in Hugo Boss by exercising put options on July 17. The shares correspond to a 3.69 percent stake in the German fashion group. Frasers now holds in aggregate 20,897,361 shares in Hugo Boss, corresponding to 30.28 percent of ...
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Legero United acquires the German children’s footwear brand Vado
Legero United, the Austrian footwear manufacturer that owns the Superfit, Legero and Think! brands, has expanded its brand portfolio with the acquisition of the German children’s footwear brand Vado, founded in 2008 and based in Donaueschingen, Baden-Württemberg. With the acquisition, Legero United is “strengthening its position as a leading ...
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Planet Footwear acquires Dr. Brinkmann’s brand rights
Planet Footwear has acquired the brand and distribution rights to the Dr. Brinkmann comfort footwear brand, known for its footbed-equipped sandals for men and women, as it seeks to strengthen its market position both domestically and internationally. The Dortmund-based footwear company said it will maintain Dr. Brinkmann’s brand values of ...
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ArticleBaldinini finds a new investor for its relaunch
Baldinini, an Italian producer of luxury footwear, announced that it has found a new investor that is injecting new funds through a capital increase to strengthen the company’s balance sheet and underpin its relaunch plan. The new investor, which is a global leader in footwear manufacturing, was not identified. The ...
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Shein reportedly targets Hong Kong IPO in Q3
Shein is targeting an initial public offering as early as the third quarter of this year that could see it valued at over $40 billion, The Wall Street Journal reported, citing people familiar with the matter. The fast-fashion retailer has cleared one hurdle for the long-awaited listing with approval from ...
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ArticleCamper takes over Ancient Greek Sandals
Camper, a family-run casual shoe brand founded based in Mallorca, has bought a 60 percent stake in Ancient Greek Sandals, which was founded in Greece in 2012. No financial details were available. The co-founders of the Greek company Nikolas Minoglou, also the shoemaker’s CEO, and Christina Martini, the Creative Director, ...
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Hugo Boss rejects Frasers Group’s takeover offer
Hugo Boss said that its managing and supervisory boards have recommended that shareholders reject a takeover offer from the British retailing conglomerate Frasers Group, arguing that the offer price does not adequately reflect its standalone prospects and future value creation potential. Frasers announced in June that it planned to acquire ...
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Asos sells its Atlanta fulfilment center
Asos signed and completed the assignment of the lease of its Atlanta fulfilment center and the disposal of the associated automation assets. The lease has been assigned to a global consumer brand and the assets are being purchased by a member of the DHL Group. The transaction will generate net ...
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ArticleHSG completes the takeover of Golden Goose
On June 24, the Chinese fund HongShan Capital (HSG), formerly known as Sequoia Capital China, completed the acquisition of a majority stake in Golden Goose, an Italian brand of luxury sneakers, apparel and accessories. The Singapore-based investment firm Temasek and its wholly-owned subsidiary, True Light Capital, also completed their investment ...
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ArticleAccent rejects Frasers Group’s takeover offer
The Australian sports footwear retailer Accent Group has rejected a takeover offer made by Frasers Group, describing the bid as unsolicited and highly opportunistic. Frasers Group launched a 316 million Australian dollar (€192.5m) bid to buy the remaining 77 percent of shares in Accent it does not already own, ...
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Castore takes over Grenson
Castore, a Manchester-based premium sportswear brand founded in 2015, has acquired a controlling 75 percent stake in Grenson, a 160-year-old English leather footwear maker, according to corporate filings at Companies House. The stake was sold for an undisclosed sum by Tim Little, who has has been Grenson’s CEO since ...
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ArticleAeffe expresses particular interest in being taken over by an unnamed industrial player
Aeffe, the troubled Italian fashion group, revealed that it is particularly interested in a non-binding takeover offer for its assets and for its footwear brand Pollini made by an unnamed industrial firm present on the Asian market. “Without ruling out the interest expressed by other parties, at this stage, the ...
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Birkenstock issues €900m bond
Birkenstock Holding, the UK-based parent company of the German sandal maker, issued a €900 miillion in 4.500 percent senior notes due 2033 through a wholly-owned subsidiary, Birkenstock Group B.V. & Co. KG. The proceeds of the offering will be used to redeem the €428.5 million of outstanding 5.25 percent senior ...
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ArticleAmerican Exchange Group completes the acquisition of Allbirds’ assets
American Exchange Group (AEG) announced on June 17 that it had completed the acquisition of the intellectual property assets of Allbirds in partnership with WSG Brands, a brand management and licensing platform, and other investors. ”As co-owners of the brand, WSG will serve as a key operating and growth partner, ...
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Dr. Martens’ CEO buys shares in the company
Dr. Martens’ Chief Executive Officer, Ije Nwokorie, purchased 112,500 ordinary shares in the British footwear company on June 12 at a price of £0.761 (€0,88) each, according to a stock exchange filing.
