Samsonite international has completed the acquisition of leading airport luggage and travel products retailer rolling luggage.
Samsonite acquires rolling luggage.
Acquisition of rolling luggage on february 16 2015 the purchasers which are subsidiaries of the company completed the acquisition of the business and substantially all of the assets of rolling luggage for a cash consideration of gbp 15 75 million.
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Has today announced that it has completed the acquisition of rolling luggage one of the world s leading airport retailers of branded luggage and travel products.
Luggage giant samsonite international s a.
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The acquisition is part of samsonite s ongoing strategy to enhance and strengthen its global multi brand retail platform and gain share in the travel retail market.
The move is part of an ongoing strategy to strengthen its global retail platform and gain share in the travel retail market explains the company.
Samsonite has bought the uk based business from the rcapital owned tie rack retail group for a cash consideration 15 75 million.
167 launched in 1999 generated 158 5.
Has completed the acquisition of tie rack retail group owned rolling luggage for 15 75m.
Value price represents the price at which similar merchandise is offered in the market including department stores specialty stores and online.
Airport luggage retailer rolling luggage has been acquired by travel luggage brand samsonite.
This is the second major acquisition in a little more than a year for samsonite which bought upscale luggage retailer tumi inc no.
It bought the company from the rcapital owned tie rack retail group for a cash consideration of รข 15 75 million.
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Luxutry luggage company samsonite international s a.