M&A Deal Summary

Lole Acquires Sanuk

On August 15, 2024, Lole acquired apparel/textiles company Sanuk from Deckers Brands

Acquisition Highlights
  • This is Lole’s 1st transaction in the Apparel/Textiles sector.
  • This is Lole’s 2nd transaction in the United States.
  • This is Lole’s 1st transaction in Arizona.

M&A Deal Summary
Date 2024-08-15
Target Sanuk
Sector Apparel/Textiles
Buyer(s) Lole
Sellers(s) Deckers Brands
Deal Type Divestiture

Target

Sanuk

Flagstaff, Arizona, United States
Sanuk is a footwear brand in the action sports, outdoor, and sports markets. Sanuk was formed in 1997 and is based in Flagstaff, Arizona.

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Buyer(S) 1

Buyer

Lole

Montreal, Quebec, Canada
Category Company
Founded 1989
Sector Apparel/Textiles
DESCRIPTION

Lole is a manufacturer and distributor of apparel worldwide. Lolë clothing can be found at more than 1,700 retail outlets around the world. Lole was founded in 1989 and is based in Montreal, Canada.

DEAL STATS #
Overall 2 of 3
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-26 époque évolution

San Anselmo, California, United States

époque évolution is a fashion retailer creating responsibly crafted, chic, and functional wardrobe essentials for women. époque évolution was founded in 2016 and is based in San Anselmo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-13 Louis Garneau

St-Augustin de-Desmaures, Quebec, Canada

Louis Garneau is a cycling and sports equipment company operating three brands: Garneau, Sugoi, and Sombrio. Louis Garneau is based in St-Augustin de-Desmaures, Quebec.

Buy -

Seller(S) 1

SELLER

Deckers Brands

Goleta, California, United States
Category Company
Founded 1973
Sector Apparel/Textiles
Employees4,800
Revenue 4.3B USD (2024)
DESCRIPTION

Deckers Brands is a designer, marketer and distributer of innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. Deckers Brands was incorporated in 1973 and is based in Goleta, California.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 Hoka One One

Richmond, California, United States

Hoka One One designs and manufactures lightweight running shoes.

Buy -
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