M&A Deal Summary

VF Acquires Vans

On June 30, 2004, VF acquired apparel/textiles company Vans for 396M USD

Acquisition Highlights
  • This is VF’s 6th transaction in the Apparel/Textiles sector.
  • This is VF’s 6th largest (disclosed) transaction.
  • This is VF’s 5th transaction in the United States.
  • This is VF’s 1st transaction in California.

M&A Deal Summary

Date 2004-06-30
Target Vans
Sector Apparel/Textiles
Buyer(s) VF
Deal Type Add-on Acquisition
Deal Value 396M USD
Advisor(s) Goldman Sachs (Financial)

Target

Vans

Cypress, California, United States
Vans, Inc. is a manufacturer and retailer of footwear, apparel, and accessories for men, women, and kids worldwide.

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Buyer(S) 1

Buyer

VF

Denver, Colorado, United States

Category Company
Founded 1899
Sector Apparel/Textiles
Employees18,000
Revenue 10.5B USD (2024)
DESCRIPTION
Entrance to VF Corp.'s VF Jeanswear office in Greensboro, North Carolina.
Entrance to VF Corp.'s VF Jeanswear office in Greensboro, North Carolina.

VF is a producer of branded lifestyle apparel with more than 30 brands. VF was founded in 1899 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 6 of 19
Sector (Apparel/Textiles) 6 of 17
Type (Add-on Acquisition) 5 of 13
State (California) 1 of 7
Country (United States) 5 of 16
Year (2004) 2 of 2
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-15 Kipling NV

Bornem, Belgium

Kipling Belgium NV, a maker of upscale bags, packs and accessories primarily for women. Kipling brand products include bags, backpacks and stationery. Under license, other Kipling brand categories include eyewear, footwear, home products, jewelry and watches. The company has 17 owned retail stores throughout Belgium, Holland and the U.K. and approximately 120 shops managed through distributors, primarily in Asia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-21 Reef Holdings

San Diego, California, United States

Reef Holdings Corp. is a manufacturer of footwear. Reef leverages its brand image among its core consumers to expand its presence in shoes and apparel, both in the U.S. and internationally.

Buy -