All Corporations articles – Page 144
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News briefs
Bauer Performance Sports has announced that Kohlberg & Co., the...
Bauer Performance Sports has announced that Kohlberg & Co., the company's largest shareholder, has agreed to hold a secondary offering of 3.2 million shares of Bauer stock at 12.15 Canadian dollars (€8.67m-$11.74m) each. In addition, a syndicate of the underwriters that has entered into an agreement with the Kohlberg funds, ...
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News briefs
Nike has reportedly acquired a minority stake in a Californian...
Nike has reportedly acquired a minority stake in a Californian start-up, called Grabit, for less than $600,000. Grabit is described as a company that develops machinery in the fields of manufacturing and logistics and offers special products such as grippers and smart conveyors based on electrically controlled adhesion technologies. Grabit's ...
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News briefs
Cannondale has acquired a controlling interest in the Cannondale Pro...
Cannondale has acquired a controlling interest in the Cannondale Pro Team by taking a majority stake in Brixia Sports, which has owned the team since August 2012. The team was previous known as the Liquigas Pro Cycling Team, and Cannondale became its technical sponsor in 2007. It became the Liquigas-Cannondale ...
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Short stops
Permira has acquired Dr. Martens (more on this in Shoe...
Permira has acquired Dr. Martens (more on this in Shoe Intelligence)
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News briefs
Accell Group is expected to undergo a new round of...
Accell Group is expected to undergo a new round of restructuring, which should affect, in particular, its Dutch companies. According to a report in Bike Europe, the staff of the Accell's companies in the Netherlands was informed on Oct. 2 of the proposed changes, but the details of the new round ...
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News briefs
El Corte Inglés has agreed to sell a 51 percent...
El Corte Inglés has agreed to sell a 51 percent stake in its consumer finance business, Financiera El Corte Inglés, to Santander, one of its major lenders. According to Reuters, the bank is paying €140 million for the profitable operation, which generated revenues of €168.4 million last year. If regulatory ...
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News briefs
On Oct. 5, Gazelle, the Dutch bicycle company, suffered a...
On Oct. 5, Gazelle, the Dutch bicycle company, suffered a fire that destroyed its parts and accessories warehouse in Dieren. The causes of the fire are under investigation. Other buildings were saved and production was not disrupted. The warehouse, which is now reduced to ruins, had been opened in 2005. ...
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Short stops
Osprey Europe has adopted the iVendix B2B e-commerce platform of...
Osprey Europe has adopted the iVendix B2B e-commerce platform of Centerstone Technologies
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Short stops
Confirming earlier reports, Moncler announced on Oct. 14 that it...
Confirming earlier reports, Moncler announced on Oct. 14 that it had formally submitted a request for quotation on the Italian stock exchange and for approval of the related prospectus for its public offering
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News briefs
Manchester United's owners have set in motion the possible sale...
Manchester United's owners have set in motion the possible sale of up to 23 million of their shares, worth up to $400 million. The shares are being offered through Red Football LLC, the investment vehicle of the U.S.-based Glazer family, which has owned United since 2005. The news followed the ...
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News briefs
The initial public offering for Moncler is now slated for...
The initial public offering for Moncler is now slated for Dec. 9. The Italian company is reportedly seeking a valuation of €2.3 billion for 100 percent of its capital, but only 25 percent of it would be offered to the public. Meanwhile, Luciano Santel is leaving as president and managing ...
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News briefs
Jack Wolfskin is gearing up for a rebound in sales,...
Jack Wolfskin is gearing up for a rebound in sales, as it begins to fully implement a wide range of structural and strategic changes, and to invest further in international markets. On the back of sharply increased orders, the German outdoor company predicts that its sales will pick up at ...
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News briefs
Puma's listing on the Frankfurt stock exchange has moved from...
Puma's listing on the Frankfurt stock exchange has moved from the MDax index to the SDax index for smaller German firms. The demotion has been explained by a 7 percent drop in the company's stock market capitalization in the last 12 months and the fact that less than 20 percent ...
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Short stops
Sequential Brands Group, owner of Heelys and other brands, has...
Sequential Brands Group, owner of Heelys and other brands, has begun trading on the Nasdaq stock exchange
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News briefs
Head and HTM Sports have raised their new bond offer...
Head and HTM Sports have raised their new bond offer from €45 million to €60 million, following additional demand from investors. HTM, which is a subsidiary of Head, will hold an amount of €6.5 million. The bond, which was issued in Switzerland by HTM in behalf of both companies on ...
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News briefs
Erhard Sport, which had filed for insolvency, has been taken...
Erhard Sport, which had filed for insolvency, has been taken over by a company in Frankfurt called Deutsche Mittlestandsholding (DMH). Clemens Weigand, a former country manager of Columbia Sportswear, continues to run Erhard with a reduced staff of 131 people, down from 173 before.
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News briefs
A Swedish venture capital firm, Scope, has become the majority...
A Swedish venture capital firm, Scope, has become the majority owner of Klättermusen, a Swedish producer of outdoor clothing, investing 30 million Swedish kronor (€34.9m-$47.2m) into the company. Jonas Meerits, a former chief executive of J.Lindeberg and a co-investor in Scope, will be the new chairman of the board. Staffan Rönn, ...
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News briefs
New Balance has just started the construction of a complex...
New Balance has just started the construction of a complex hosting its future world headquarters and other facilities in the Allston-Brighton area of Boston, at the western edge of the city. Boston's mayor, Thomas Menino, and the chairman of New Balance, Jim Davis, broke ground for the complex on Sept. 23. ...
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News briefs
Invista is taking back a license that it had granted...
Invista is taking back a license that it had granted to Advansa for its polyester-based Coolmax and Thermolite brands of fibers, which covered Europe, Middle East and Africa (EMEA), allowing it to market these brands globally. In addition, Invista, which continues to own other brands such as Lycra and Cordura ...
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News briefs
Austro Holding, the majority shareholder of Deeluxe, has pulled out...
Austro Holding, the majority shareholder of Deeluxe, has pulled out of its investment in this brand of snowboard boots. The people now controlling Deeluxe Sportartikel Handels GmbH are Klaus Brandstätter, the chief executive of the company since its foundation in 2002, and Friedrich Obholzer, an Austrian investor and tax consultant. ...
