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ClosedPublished 11 Jan 2024

Authentic Brands Group, Inc., and the ALDO Group /
the Sperry brand

Wolverine World Wide sells the Sperry brand to Authentic Brands Group and ALDO Group

Buy side: Authentic Brands Group, Inc., and the ALDO Group
Buy sideAuthentic Brands Group, Inc., and the ALDO Group
Target: the Sperry brand
Targetthe Sperry brand
Source · 11 Jan 2024Source-verified
See the source
Buy side: Authentic Brands Group, Inc., and the ALDO Group
Buy sideAuthentic Brands Group, Inc., and the ALDO Group
Target: the Sperry brand
Targetthe Sperry brand
01 / BuyerAuthentic Brands Group, Inc., and the ALDO Group
02 / Targetthe Sperry brand
Source-verified
01

What happened

Wolverine World Wide, Inc. sold the Sperry brand to Authentic Brands Group, Inc., and the ALDO Group. The transaction closed on January 10, 2024.

The transaction will generate total proceeds of approximately $130 million in the first quarter, which Wolverine World Wide plans to use to pay down debt.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

Wolverine World Wide sells the Sperry brand to Authentic Brands Group and ALDO Group

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    The source this page is built from.

    Source-verified

  2. Published by the source

    The source this page is built from.

    Source-verified

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