Newell completes sale of winter sports brand - sportstextiles: Lea SportsTextiles

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Newell completes sale of winter sports brand

19/07/2017
Consumer product group Newell Brands has completed the sales of its winter sports brands to private equity firm Kohlberg & Company.

Sportstextiles reported in May that the value of the deal was $240 million. 

The brands Kohlberg has purchased are: Völkl, K2, Marker, Dalbello, Madshus, Line, Full Tilt, Atlas, Tubbs, Ride and BCA.

Outdoor brand Marmot remains part of Newell Brands.

Related stories:

New brand president for K2 22/01/2018
New sales director for Newell Brands Technical Apparel 30/08/2017
Newell sells winter sports brands for $240 million 31/05/2017
Marmot man to oversee technical apparel at Newell Brands 06/01/2017
Newell Brands clarifies winter sports decision 10/10/2016
Marmot stays put as Newell looks to sell winter sports brands 06/10/2016

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