Announced
Completed
Financials
Tags
Lifestyle Footwear
Friendly
Domestic
Clothing and Accessories
Majority
Single Bidder
Acquisition
Private
United States
Completed
Synopsis
Rocky Brands, a manufacturer of premium footwear and apparel, completed the acquisition of the performance and lifestyle footwear business from Honeywell, a Fortune 100 technology company, for c.$230m. "We are thrilled to have completed this transformative acquisition. The Original Muck Boot Company, XTRATUF, Servus, NEOS and Ranger brands are great additions to our existing portfolio while the total business nearly doubles the size of Rocky Brands’ annual revenues. We look forward to working closely with our newest team members to capitalize on the many opportunities we believe exist to drive strong growth, increased earnings power, and enhanced stakeholder value over the near- and long-term," Jason Brooks, Rocky Brands President and CEO.
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