Castore completed the acquisition of Belstaff.

Castore, a manufacturer of premium sports apparel, completed the acquisition of Belstaff, a British premium heritage brand. Financial terms were not disclosed. “Belstaff is a truly iconic brand with unparalleled heritage, and I have personally been a huge fan for a very long time. INEOS and the management team at Belstaff have done a phenomenal job in steering the company back to profitability following a challenging period for the retail sector. To have the opportunity to take Belstaff through the next stage of its growth journey is a dream come true and a huge privilege. We are also delighted that Sir Jim Ratcliffe’s INEOS is investing in Castore which is a demonstration of commitment to our business and global growth ambitions and we look forward to working together to deliver on this vision,” Tom Beahon, Castore Co-Founder and CEO.