BasicNet has agreed to acquire Woolrich, the historic 1830-founded American outdoor brand, from L-Gam.
The deal includes European brand rights and 100 per cent of Woolrich Europe, with expected 2025 revenues of €90 million (~$104.65 million), valuing the transaction at €90 million (~$104.65 million).
The acquisition will be financed through new credit lines, with closing expected by December 2025.
The deal includes European brand rights and 100 per cent of Woolrich Europe, with expected 2025 revenues of €90 million (~$104.65 million), valuing the transaction at €90 million (~$104.65 million).
The acquisition will be financed through new credit lines, with closing expected by December 2025.
