Deal Snapshot
CANADA GOOSE ACQUIRES OUTDOOR FOOTWEAR MANUFACTURER BAFFIN FOR CDN 32.5M
Thursday 08 November 2018

Toronto-based luxury apparel manufacturer Canada Goose Holdings Inc. (NYSE: GOOS) (TSX: GOOS) has acquired Canadian outdoor footwear firm Baffin Inc. for CDN 32.5m, the company said.
The transaction is being funded with available cash on hand and the issuance of CDN 1.5 m restricted subordinate voting shares to the seller. As a new wholly owned subsidiary of Canada Goose, Baffin will continue to operate on a stand-alone basis out of its headquarters in Stoney Creek, Ontario.


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Details
Date Published: 08/11/2018
Target: Baffin Inc
Country: Canada
Deal Size: 24.85m (USD)
Sector: Clothing/Textiles
Type: Corporate acquisition
Financing: Cash and Stock
Status: Closed
Vendor:
Buyer: Canada Goose Holdings
Comment:


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