Tag «Divestiture»

adidas Completes Divestiture of CCM Hockey

September 4, 2017 Herzogenaurach / Montréal – adidas announced today that as of September 1 it has formally completed the previously announced divestiture of its CCM ice hockey business to a newly formed affiliate of Birch Hill Equity Partners. The divestiture of CCM Hockey does not impact the company’s financial outlook for the current year. …

adidas Group Completes Divestiture of Mitchell & Ness

July 1, 2016 Herzogenaurach, Germany / Philadelphia, Pennsylvania, United States – The adidas Group announced today that on June 30 it has formally completed the divestiture of its Mitchell & Ness business to a newly formed entity primarily owned by Juggernaut Capital Partners. The achieved initial closing represents the first important step to carve out …