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New Deal


Announced

Carlos Martins to acquire the remaining stake in Alpargatas S.A.I.C. for $64m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned22%
Capital Bid For78%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Brazil

sports wear

Majority

Single Bidder

Private

Acquisition

Pending

Clothing and Accessories

clothing

Friendly

Synopsis

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Brazilian entrepreneur Carlos Wizard Martins agreed to acquire the remaining 78.2% stake in Alpargatas S.A.I.C., a manufacturer and retailer of clothes and textiles for $64m. Martins previously bought a 21.8% stake in Alpargatas S.A.I.C. unit that controls Topper globally in 2018 and held the right to obtain the remaining stake.

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