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New Deal


Announced

Nobis and ShenZhen Ellassay formed a joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

China

outerwear

Clothing and Accessories

Acquisition

Cross Border

Private

Majority

Joint Venture

Completed

Friendly

Single Bidder

Synopsis

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Nobis, a premium outerwear and accessory brand from Canada, and ShenZhen Ellassay, a multi-brand fashion group, formed a joint venture. Financial terms were not disclosed. "Nobis and Ellassay share a passion and commitment to deliver top-tier technical fashion lifestyle collections in the outerwear category and beyond. This partnership is a testament to our shared values and expertise. We are very excited to now be working together with Ellassay to further elevate the Nobis brand within the ever-evolving international fashion marketplace," Robin Yates, Nobis Vice President and Co-founder.

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