Samsonite Acquires Rolling Luggage

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Samsonite acquires rolling luggage.

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. Has completed the acquisition of tie rack retail group owned rolling luggage for 15 75m. The move is part of samsonite s plans to strengthen its global retail presence and gain share in the travel retail market.

Luggage giant samsonite international s a. 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. Has acquired web only travel bag retailer ebags inc. 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.

Value price represents the price at which similar merchandise is offered in the market including department stores specialty stores and online. The fall getaway event save up to 50 off sitewide take an extra 30 off. 393 in the internet retailer 2016 top 500 guide for 1 8 billion in march 2016. This is the second major acquisition in a little more than a year for samsonite which bought upscale luggage retailer tumi inc no.

Airport luggage retailer rolling luggage has been acquired by travel luggage brand samsonite. Order online suitcases travel bags backpacks and laptop bags. 167 launched in 1999 generated 158 5. Discover the latest samsonite travel luggage.

Find your local samsonite store and favorite bag. It bought the company from the rcapital owned tie rack retail group for a cash consideration of â 15 75 million. Samsonite has bought the uk based business from the rcapital owned tie rack retail group for a cash consideration 15 75 million. See promo details for more information.

Luxutry luggage company samsonite international s a. Eco nu wheeled underseater carry on comparable value comp.