M&A Deal Summary

Samsonite International Acquires Hartmann

On August 2, 2012, Samsonite International acquired consumer products company Hartmann from Clarion Capital Partners

Acquisition Highlights
  • This is Samsonite International’s 2nd transaction in the Consumer Products sector.
  • This is Samsonite International’s 2nd transaction in the United States.
  • This is Samsonite International’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2012-08-02
Target Hartmann
Sector Consumer Products
Buyer(s) Samsonite International
Sellers(s) Clarion Capital Partners
Deal Type Add-on Acquisition

Target

Hartmann

Lebanon, Tennessee, United States
Hartmann is a quintessential American luxury brand, with over 130 years of design, quality, and innovation experience.

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Buyer(S) 1

Buyer

Samsonite International

Luxembourg, Luxembourg
Category Company
Founded 1910
Sector Consumer Products
Employees12,350
Revenue 3.7B USD (2023)
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 founded in 1910 and is based in Luxembourg City.

DEAL STATS #
Overall 2 of 9
Sector (Consumer Products) 2 of 6
Type (Add-on Acquisition) 2 of 8
State (Tennessee) 1 of 1
Country (United States) 2 of 6
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-18 High Sierra Sport

Vernon Hills, Illinois, United States

High Sierra Sport Co. manufactures bags and adventure luggage. High Sierra’s range of backpacks, adventure luggage, and sports bags appeals to active lifestyle consumers including outdoor enthusiasts, skiers and snowboarders, adventure travellers, students and young consumers.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-07 Lipault

Paris, France

Lipault is a producer of high-end consumer luggage products and accessories. The Company is headquartered in Paris, France.

Buy €20M

Seller(S) 1

SELLER

Clarion Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

Clarion Capital Partners is a private equity investment firm that invests in middle-market, growth-oriented companies with and an enterprise value of $50 to $200 million and EBITDA greater than $7.5 million. Target industries include consumer products, business and healthcare services, specialty financial services, specialty retail, and niche media/entertainment. Clarion seeks companies requiring an equity investment of $15 to $75 million in a broad range of investment structures including: growth equity, recapitalizations, and leveraged buyouts. Clarion Capital was formed in 1999 and is based in New York City.

DEAL STATS #
Overall 6 of 16
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 4 of 10
State (Tennessee) 1 of 1
Country (United States) 6 of 15
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-10 Great Northwest Insurance

St. Paul, Minnesota, United States

Great Northwest Insurance Company is a personal lines insurance business, which implements an innovative, low-cost/overhead model.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-14 Strategic Outsourcing

Charlotte, North Carolina, United States

Strategic Outsourcing is a professional employer organization (PEO), which provides human resources outsourcing to small- and medium-sized businesses. The company specializes in payroll administration, safety and risk management, workers’ compensation, human resource administration, compliance, and benefits administration.

Sell -
Mergr

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