M&A Deal Summary

Nike Acquires Umbro

On October 23, 2007, Nike acquired apparel/textiles company Umbro for 285M GBP

Acquisition Highlights
  • This is Nike’s 5th transaction in the Apparel/Textiles sector.
  • This is Nike’s 0th largest (disclosed) transaction.
  • This is Nike’s 1st transaction in the United Kingdom.
Investment Fate
  • Umbro was divested to a consortium of strategic buyers in 2012 for 225M USD.

M&A Deal Summary
Date 2007-10-23
Target Umbro
Sector Apparel/Textiles
Buyer(s) Nike
Deal Type Add-on Acquisition
Deal Value 285M GBP

Target

Umbro

Cheadle, United Kingdom
Umbro plc is a designer, marketer and full line supplier of branded and licensed soccer products. Branded products consist of uniforms, warm-up gear, footwear and active casual wear. Umbro was formed in 1924 and is headquartered in Cheadle, England.

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Buyer(S) 1

Buyer

Nike

Beaverton, Oregon, United States
Category Company
Founded 1964
Sector Apparel/Textiles
Employees79,100
Revenue 51.2B USD (2023)
DESCRIPTION

Nike is a designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. Nike was founded in 1964 and is based in Beaverton, Oregon.

DEAL STATS #
Overall 6 of 11
Sector (Apparel/Textiles) 5 of 5
Type (Add-on Acquisition) 6 of 11
Country (United Kingdom) 1 of 1
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-12 Starter

United States

Founded in 1971, Starter pioneered the league licensed apparel business and is currently licensed to several manufacturer/wholesalers selling primarily to Wal-Mart in the United States, Canada and Mexico.

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-21 Performance Sports Group

Exeter, New Hampshire, United States

Performance Sports Groupis a developer and manufacturer of ice hockey, roller hockey, lacrosse, baseball and softball sports equipment, as well as related apparel and soccer apparel. Performance Sports Group was founded in 1927 and is based in Exeter, New Hampshire.

Sell $200M
Mergr

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