M&A Deal Summary

Huish Outdoors Acquires Fitz-Wright Holdings

On April 19, 2011, Huish Outdoors acquired apparel/textiles company Fitz-Wright Holdings from Suunto Oy

Acquisition Highlights
  • This is Huish Outdoors’ 1st transaction in the Apparel/Textiles sector.
  • This is Huish Outdoors’ 1st transaction in Canada.
  • This is Huish Outdoors’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2011-04-19
Target Fitz-Wright Holdings
Sector Apparel/Textiles
Buyer(s) Huish Outdoors
Sellers(s) Suunto Oy
Deal Type Divestiture

Target

Fitz-Wright Holdings

Langley, British Columbia, Canada
Fitz-Wright Holdings Ltd. manufactures and offers diving suits. The company is based in Langley, Canada.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Huish Outdoors

Salt Lake City, Utah, United States

Category Company
Sector Consumer Products
DESCRIPTION

Huish Outdoors, LLC operates in the outdoor sports sector. The company is based in Salt Lake City, Utah.


DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Suunto Oy

Vantaa, Finland

Category Company
Founded 1936
Sector Consumer Products
Employees578
DESCRIPTION

Suunto Oy manufactures and markets outdoor and sports instruments with the objective of providing sports participants with information about their environment and performance, thus helping them to improve their performance. Suunto is the world’s leading manufacturer of wristop computers and compasses as well as the second largest manufacturer of dive computers.


DEAL STATS #
Overall 1 of 2
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2011) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-29 Tacktick

Emsworth, United Kingdom

Tacktick Ltd. offers a range of wireless, solar power displays and a wireless masthead wind instrument that are a popular, easy-to-install refit option for the do-it-yourselfer. In recent product rollouts, the company has added features geared for the performance sailor as well.

Sell -