Add-on Acquisition • E-Commerce

Samsonite International Acquires eBags

On April 7, 2017, Samsonite International acquired e-commerce company eBags for 105M USD

Acquisition Context
  • This is Samsonite International’s 1st transaction in the E-Commerce sector.
  • This is Samsonite International’s 3rd largest (disclosed) transaction.
  • This is Samsonite International’s 6th transaction in the United States.
  • This is Samsonite International’s 1st transaction in Colorado.

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M&A Deal Summary

Date April 7, 2017
Target eBags
Sector E-Commerce
Buyer(s) Samsonite International
Deal Type Add-on Acquisition
Deal Value 105M USD

Target Company

eBags

Greenwood Village, Colorado, United States
eBags, Inc. is an online provider of bags and related accessories for all lifestyles. eBags, Inc. was founded in 1999 and is based in Greenwood Village, Colorado.
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Buyer Overview 1

Buyer

Samsonite International

Luxembourg, Luxembourg

Category Company
Founded 1910
Sector Consumer Products
Employees11,850
Revenue 3.6B USD (2024)
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 Context for Buyer #
Overall 9 of 9
Sector: E-Commerce 1 of 1
Type: Add-on Acquisition 8 of 8
State: Colorado 1 of 1
Country: United States 6 of 6
Year: 2017 1 of 1
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-04 Tumi

South Plainfield, New Jersey, United States

Tumi is a manufacturer and supplier of travel suitcases and bags.

Buy $1.8B