M&A Deal Summary

Christopher & Banks Acquires Gilmore Brothers

On November 1, 2004, Christopher & Banks acquired retailer Gilmore Brothers for 7M USD

Acquisition Highlights
  • This is Christopher & Banks’ 1st transaction in the Retail sector.
  • This is Christopher & Banks’ largest (disclosed) transaction.
  • This is Christopher & Banks’ 1st transaction in the United States.
  • This is Christopher & Banks’ 1st transaction in Michigan.

M&A Deal Summary
Date 2004-11-01
Target Gilmore Brothers
Sector Retail
Buyer(s) Christopher & Banks
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Gilmore Brothers

Kalamazoo, Michigan, United States
Gilmore Brothers, Inc., a women's specialty retailer operating 20 stores in 9 states under the name Acorn. Acorn offers high quality women's fashion apparel along with complementary jewelry and accessories under private and branded labels. Acorn's merchandise assortments are developed to meet the needs of a spirited and confident woman who leads an active lifestyle, balancing a tight family focus with that of business and community involvement.

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Buyer(S) 1

Buyer

Christopher & Banks

Plymouth, Minnesota, United States
Category Company
Founded 1956
Sector Retail
Employees1,140
Revenue 349M USD (2020)
DESCRIPTION

Christopher & Banks is a specializes in women's apparel retailer. Christopher is a provider of fresh and colorful mix of clothing and accessories for every season, creating looks that work for her lifestyle. Christopher & Banks was incorporated in 1956 and is based in Plymouth, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
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