Sailing brand changes hands
Outdoor brand Odlo has acquired Henri-Lloyd.
UK-based Henri-Lloyd has been running for almost 60 years and specialises in waterproof clothing for sailing. It pioneered products such as seam-sealed garments for protection against moisture and nylon zips.
Chairman of Odlo’s parent group, Switzerland-based asset management group Monterosa, Hugo Maurstad, called Henri-Lloyd an iconic brand with a rich history.
Chairman of the Henri-Lloyd board, Hans Eckerström, said the acquisition would open up “tremendous opportunities for the brand to reach its true potential”.