Quiksilver Sell World Leading Ski Brands

Quiksilver has announced that it has received a binding offer from Chartreuse & Mont Blanc to buy the Rossignol Group for 100 million euros ($147.2 million). The group includes the Rossignol, Dynastar, Look and Lange, now known as “brands.” Quiksilver paid $560.8 million ((today 378 million Euros) for Rossignol three years ago.

Chartreuse & Mont Blanc also has a non-voting minority interest by Jarden Corp, the parent company of K2 and Volkl and is run by a former chief executive officer of Rossignol.
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This entry was posted on Tuesday, September 2nd, 2008 at 8:55 am and is filed under Ski Industry. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.