Rolling Luggage Samsonite Acquisition

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.

Rolling luggage samsonite acquisition.

Luggage giant samsonite international s a. Has completed the acquisition of tie rack retail group owned rolling luggage for 15 75m. Airport luggage retailer rolling luggage has been acquired by travel luggage brand samsonite. Has acquired web only travel bag retailer ebags inc.

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. 393 in the internet retailer 2016 top 500 guide for 1 8 billion in march 2016. 167 launched in 1999 generated 158 5. This is the second major acquisition in a little more than a year for samsonite which bought upscale luggage retailer tumi inc no.

Information about rolling luggage rolling luggage is a leading airport retailer of branded luggage and travel accessories. For 105 million in cash. Samsonite has bought the uk based business from the rcapital owned tie rack retail group for a cash consideration 15 75 million. 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.

The closing of the acquisition took place on february 16 2015. Rolling luggage operates 36 airport retail locations in the u k europe and asia pacific including. The fall getaway event save up to 50 off sitewide take an extra 30 off. Luxutry luggage company samsonite international s a.