M&A Deal Summary

Kering Acquires Volcom

On June 22, 2011, Kering acquired apparel/textiles company Volcom for 608M USD

Acquisition Highlights
  • This is Kering’s 2nd transaction in the Apparel/Textiles sector.
  • This is Kering’s largest (disclosed) transaction.
  • This is Kering’s 1st transaction in the United States.
  • This is Kering’s 1st transaction in California.

M&A Deal Summary

Date 2011-06-22
Target Volcom
Sector Apparel/Textiles
Buyer(s) Kering
Deal Type Add-on Acquisition
Deal Value 608M USD

Target

Volcom

Costa Mesa, California, United States
Volcom, Inc. provides footwear and textiles products in US.

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Buyer(S) 1

Buyer

Kering

Paris, France

Category Company
Founded 1963
Sector Apparel/Textiles
Employees48,964
Revenue 19.6B EUR (2023)
DESCRIPTION

Kering is a provider of apparel and accessories, Kering develops an ensemble of powerful Luxury and Sport & Lifestyle brands: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Sergio Rossi, Boucheron, Dodo, Girard-Perregaux, JeanRichard, Pomellato, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn. Kering was founded in 1963 and is based in Paris, France.


DEAL STATS #
Overall 3 of 13
Sector (Apparel/Textiles) 2 of 8
Type (Add-on Acquisition) 3 of 10
State (California) 1 of 1
Country (United States) 1 of 5
Year (2011) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-10 Surcouf SAS

Lille, France

Surcouf SAS is a specialised PC retailer.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-08 Brioni

Rome, Italy

Brioni SpA designs and sells apparel for men.

Buy -