Rolling Luggage Samsonite Acquisition

Airport luggage retailer rolling luggage has been acquired by travel luggage brand samsonite.

Rolling luggage samsonite acquisition.

Samsonite has bought the uk based business from the rcapital owned tie rack retail group for a cash consideration 15 75 million. Rolling luggage operates 36 airport retail locations in the u k europe and asia pacific including. Luggage giant samsonite international s a. 167 launched in 1999 generated 158 5.

The move is part of samsonite s plans to strengthen its global retail presence and gain share in the travel retail market. This is the second major acquisition in a little more than a year for samsonite which bought upscale luggage retailer tumi inc no. Has acquired web only travel bag retailer ebags inc. Has completed the acquisition of tie rack retail group owned rolling luggage for 15 75m.

Fall50 extra30 at checkout. 393 in the internet retailer 2016 top 500 guide for 1 8 billion in march 2016. See promo details for more information. 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.

For 105 million in cash. 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. Information about rolling luggage rolling luggage is a leading airport retailer of branded luggage and travel accessories. The closing of the acquisition took place on february 16 2015.