M&A Deal Summary

SNOCKS Acquires Oceansapart

On November 22, 2024, SNOCKS acquired apparel/textiles company Oceansapart

Acquisition Highlights
  • This is SNOCKS’s 1st transaction in the Apparel/Textiles sector.
  • This is SNOCKS’s 1st transaction in Germany.

M&A Deal Summary

Date 2024-11-22
Target Oceansapart
Sector Apparel/Textiles
Buyer(s) SNOCKS
Deal Type Special Situations/Distressed

Target

Oceansapart

Mannheim, Germany
Oceansapart is a direct-to-consumer brand, uniquely differentiated with a focus on non-competitive sports. Oceansapart markets its activewear with a strong focus on social and digital marketing in Western and Central Europe. Oceansapart was founded in 2018 and is based in Mannheim, Germany.

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Buyer(S) 1

Buyer

SNOCKS

Mannheim, Germany

Category Company
Founded 2016
Sector E-Commerce
DESCRIPTION

SNOCKS offers a full range of high-quality functional clothing products with basic design at fair pricing. These include socks, underwear as well as sports clothing items for men and women. SNOCKS was founded in 2016 and is based in Mannheim, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1