All M&A articles
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Next to increase its special dividend after a land sale
Next plans to increase its previously mentioned special dividend of about £3.10 (€3.5) per share by 45 pence (€0.51) after generating net cash proceeds of £54.1 million (€62m) from the sale of land near Waltham Abbey, England. In 2021, Next purchased land near Waltham Abbey with the intention of ...
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ArticlePortwest takes over Grupo Kondor Colombia
Portwest, an Irish provider of workwear, safety footwear and personal protective equipment, has acquired a majority shareholding in Grupo Kondor Colombia, the market leader in safety footwear in Colombia. No financial details were available. The acquisition supports Portwest’s strategy of expanding its global manufacturing and distribution footprint and strengthening its ...
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H&M launches a SEK 1bn share buyback
H&M Hennes & Mauritz’s board has decided to launch a SEK 1 billion (€91m) share buyback. “The purpose of the buybacks is to distribute surplus liquidity and thereby adjust H&M’s capital structure by reducing its capital. Accordingly, the board of directors intends to propose to the 2026 annual general meeting ...
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ArticleASF 4.0 launches its Portuguese 'megafactory' after raising fresh cash
Advanced Shoe Factory 4.0 (ASF 4.0), a unit of the French textile producer Chamatex Group, said that it is proceeding with the launch of a “megafactory” in Portugal with the goal of producing 1.5 million pairs of sports shoes annually from 2030. The project is part of ASF 4.0’s ambition ...
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Permira reportedly in talks to sell Golden Goose to HongShan Capital
The private equity firm Permira is in talks to sell Golden Goose to the Chinese fund HongShan Capital based on a valutation of more than €2.5 billion, according to the Italian daily Il Sole 24 Ore. If confirmed, the transaction will mark the fifth change of ownership in 12 years ...
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News briefsCoats completes OrthoLite acquisition
Coats Group, the British manufacturer of industrial threads and footwear components, announced on Oct. 30 that it had completed its acquisition of OrthoLite, the producer of footwear materials and insoles, as well as of Cirql, OrthoLite’s brand of sustainable materials. As we’ve reported, Coats announced its intentions back in July, ...
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ArticleAdvance Capital Partners and Mass to acquire Leder & Schuh
Advance Capital Partners, a Slovenian private equity firm, and Mass, a Slovenian retailer, have reached an agreement with owners of Leder & Schuh to acquire the Austrian company. With roots dating back to 1872, Leder & Schuh is one of Europe’s oldest footwear retailers. It operates 210 Humanic and Shoe4You ...
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Coats starts building a factory in Indonesia
Coats Rejo Indonesia, which is part of the British manufacturer of industrial threads and footwear components, Coats, has begun building a new €35 million dyeing and finishing factory in Pleret, Indonesia. The facility will combine twisting, dyeing, yarn finishing and structural component production, with capacity projected to reach 9 tonnes ...
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Eqwal buys Reed Medical
Eqwal, a French provider of custom orthopedic prosthetics, has acquired all the shares in Reed Medical, a British provider of bespoke footwear to the National Health Service in England and private market in the UK. No financial details were released. “This acquisition marks an exciting new chapter for Reed and ...
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ArticleBirkenstock buys its Australian distributor
Birkenstock Holding, the UK-based parent company of the German sandal maker, signed a definitive agreement for the acquisition of its long-standing distributor Birkenstock Australia Pty. Ltd. “This acquisition seeks to ensure a seamless succession for the two founders of Birkenstock Australia – Marcel and Manuela Goerke. Birkenstock’s commitment to invest ...
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ArticleArklyz continues to expand in footwear with the acquisition of Gabor
Arklyz, a Swiss sports and lifestyle firm, has signed a definitive agreement to acquire Gabor Shoes together with all its operating subsidiaries. No financial details were released. “Gabor is a highly respected brand with deep roots in quality and comfort excellence,” said Param Singh, the owner and CEO of Arklyz. ...
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Frasers buys a majority stake in The Webster
Frasers has acquired a majority stake in The Webster, a Miami-based luxury retailer. The move marks another step in the British group’s strategy to expand its presence in the luxury and premium retail space, complementing its Flannels division. The financial terms of the transaction were not disclosed. Laure Hériard ...
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Worldly acquires GoBlu to unify environmental and chemical data management
Worldly, a sustainability intelligence platform, has acquired GoBlu, the company behind The BHive, a widely used digital solution for chemical inventory management, traceability, and compliance in apparel and textile supply chains. The acquisition marks a major step toward building the first unified system that connects verified environmental performance data ...
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ArticleVida Shoes buys Munro
New York-based Vida Shoes International has acquired Munro, an Arkansas-based footwear brand specializing in comfort and fit-driven styles for women. The purchase aims to strengthenVida’s position in the comfort category. “Munro is a brand rooted in quality, integrity and a loyal customer base that spans generations. We’re honored to welcome ...
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ArticleBirkenstock hikes its full-year sales guidance
Birkenstock Holding, the UK-based parent company of the German sandal maker, has increased its full-year sales guidance and is acquiring a manufacturing site in Germany. The company expects fourth-quarter revenues to total at least €520 million, representing year-over-year growth of at least 14 percent on a reported basis and 18 ...
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New Zealander shoemaker up for sale
McKinlay’s Footwear, a New Zealand-based shoemaker established in 1879, is up for sale, according to an advertisement in ABC Business Sales. “A rare opportunity to acquire New Zealand’s last general-purpose footwear factory. Now in its 5th generation of family ownership, McKinlays has been handcrafting durable, resoleable leather shoes for over ...
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Footway buys a logistics center and launches a new service
The Swedish e-commerce footwear specialist Footway has raised SEK 100 million (€9.1m) to acquire a logistics facility in Eskilstuna. The 48,000 square meter facility is located 100 kilometers west of Stockholm. The company had previously leased the warehouse, which is said to be a central part of the logistics hub ...
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VF sells Dickies for $600m
VF Corporation has entered into a definitive agreement to sell Dickies for $600 million to Bluestar Alliance, a global brand management firm. Dickies is an American heritage brand that sits at the intersection of workwear and streetwear, with distribution in 55 countries. The transaction is expected to close by the ...
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ArticleMysize buys ShoeSize.Me to offer footwear sizing recommendations
MySize, an Israeli AI-driven measurement and fashion technology solutions provider, has bought ShoeSize.Me, a European SaaS company specializing in AI-powered footwear sizing and fit solutions, in a transaction structured primarily as a share deal. MySize issued 241,093 shares of common stock to the sellers of ShoeSize.Me plus a cash payment ...
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3G completes the acquisition of Skechers
On Sept 12, 3G Capital completed the acquisition of Skeckers, taking the US footwear company private. On the same day, Skechers’ shares stopped trading on the New York Stock Exchange. The acquisition was announced on May 5, 2025. Skechers will continue to be led by its executive management team, including ...
