Announced
Completed
Financials
Tags
Friendly
Private Equity
Domestic
Single Bidder
Private
United States
Acquisition
Majority
Clothing and Accessories
apparel
Completed
Synopsis
Redwood Capital Investments, a diversified holding company, completed the acquisition of the occupational portion of its Work segment of VF, a global provider of branded lifestyle apparel, footwear and accessories. Financial terms were not disclosed. “The sale of our occupational work brands reflects our continued focus on transforming VF into a more consumer-minded and retail-centric enterprise while further simplifying our portfolio and operating model. We are pleased to have reached this agreement with Redwood Capital Investments,” Steve Rendle, VF Chairman, President and CEO.
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