CALIDA GROUP to acquire Cosabella for $80m.

CALIDA GROUP, a globally active company for premium underwear with its head office in Switzerland, agreed to acquire Cosabella, an American premium lingerie and loungewear brand, for $80m. "With the acquisition of the strong e-commerce brand Cosabella, we continue focusing the CALIDA GROUP on its core segment while simultaneously enhancing its online growth. This transaction is completely in line with the strategy ACCELERATE 2026 and highly accretive for all stakeholders. As a family business, Cosabella shares our group's values regarding quality, customer service, long-term business development, and inclusion," Hans-Kristian Hoejsgaard, CALIDA GROUP Chairman of the Board of Directors.