News

Newell sells winter sports brands for $240 million

31/05/2017

Consumer product group Newell Brands has agreed to sell its winter sports brands to private equity firm Kohlberg & Company. The deal includes ski brands Völkl and K2, but outdoor brand Marmot will remain part of the group. The total value of the deal is $240 million and it is expected to be completed late in the second quarter or early in the...

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