M&A Deal Summary

Samsonite International Acquires Chic Accent

On October 2, 2015, Samsonite International acquired retailer Chic Accent for 9M EUR

Acquisition Highlights
  • This is Samsonite International’s 2nd transaction in the Retail sector.
  • This is Samsonite International’s 8th largest (disclosed) transaction.
  • This is Samsonite International’s 1st transaction in Italy.

M&A Deal Summary

Date 2015-10-02
Target Chic Accent
Sector Retail
Buyer(s) Samsonite International
Deal Type Add-on Acquisition
Deal Value 9M EUR

Target

Chic Accent

Italy
Chic Accent is an operator of 31 leased premium accessories, handbags, and travel luggage shops in shopping malls.

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Buyer(S) 1

Buyer

Samsonite International

Luxembourg, Luxembourg

website


Category Company
Founded 1910
Sector Consumer Products
Revenue 1.5B USD (2020)
DESCRIPTION

Samsonite International designs, manufactures, and distributes luggage. The Company's products include suitcases, garment bags, casual bags, business cases, clothing, shoes, and accessories. Samsonite also licenses their trademarks for use on products such as travel accessories, leather goods, handbags, clothing, and furniture. Samsonite International was incorpoprated in 1910 and is based in Luxembourg City, Luxembourg.


DEAL STATS #
Overall 7 of 9
Sector (Retail) 2 of 2
Type (Add-on Acquisition) 6 of 8
Country (Italy) 1 of 1
Year (2015) 2 of 2
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-19 The Rolling Luggage Company

Brentford, United Kingdom

Rolling Luggage is a global travel retailer of luggage and accessories.

Buy £16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-04 Tumi Holdings

South Plainfield, New Jersey, United States

Tumi Holdings, Inc. is a manufacturer and supplier of travel suitcases and bags.

Buy $1.8B