Carbondale, CO – Forge Motion Pictures, Inc. is slated to be acquired by Camp4 Collective, LLC, an active lifestyle media production agency. The deal gives the majority of the assets of Forge Motion Pictures to Camp4. In addition, Anson Fogel, founder of Forge Motion Pictures will be welcomed to Camp4 as a full partner. Forge Motion Pictures will continue to operate as a subsidiary of Camp4.
Clearfield, UT – Petzl will construct a new 80,000 sq. ft. headquarters in West Valley City in Utah’s Salt Lake Valley. The brand has contracted AJC Architects and Sahara Construction to design a build a LEED-certified facility with 24,000 sq. ft. of office space, 40,000 sq. ft. of warehouse space and a 15,000 sq. ft. training area. The move to the new facility is planned to take place in early 2014.
Tel Aviv, Israel – Global sock manufacturer Delta Galil Industries, Ltd. has reached an agreement to become exclusive global licensee of men’s and women’s socks for Columbia Sportswear.
Delta Galil will develop, produce and distribute Columbia’s seasonal collections of outdoor performance socks, with the first sock collection to be launched as early as Fall 2013 to retail stores, big box sporting goods retailers and select department and specialty stores worldwide.
The collection is available on display at Columbia’s booth at the Outdoor Retailer Winter Market trade show in Salt Lake City, Utah.
K-Swiss Inc. has agreed to an acquisition by South Korean retailer E-Land World Ltd. Certain Class A and Class B stockholders, who collectively hold about 75 percent of the voting power have made agreements to vote in favor of the transaction. E-Land will not need additional financing for the transaction and will use existing resources and credit facilities to fund the acquisition.
Bruckmann, Rosser, Sherrill & Co. (BRS), a New York-based private equity firm has acquired outdoor and travel apparel outfitter, Royal Robbins Inc., from Kellwood Company. BRS focuses on investing in middle market consumer goods and services and has nearly $1.4 billion of committed capital under management in three investment partnerships. The company plans to continue the outdoor specialty emphasis for the Royal Robbins brand.
Down Decor, creator of Downtek—the hydrophobic down technology—is expanding global distribution in Asia, Australia and Europe. Since Downtek's launch, 16 international brands have incorporated the insulation into their offering. The latest additions include Hong Kong-based Reecho and Salomon Asia; Millet, HeloSport, Salewa and Peak Performance in Europe; and Sea to Summit and Mountain Designs in Australia.
Brevard, N.C. – SylvanSport has now opened its expanded manufacturing facility. The renovation more than triples the facility’s square footage, putting it at 18,000 sq. ft., expanding manufacturing capacity for the GO, SylvanSport’s multi-use adventure trailer. It also provides added space for new product development and production in 2013. The business offices will also be expanded for new positions including production manager and sales manager.
Boulder, CO – Cocona recently received a $15 million investment from an affiliate of H.I.G. Growth Partners and prior investors Fairhaven Capital and Onpoint Technologies, Inc. This round of investment follows the commercialization of the brand’s technology, development of partnerships and build-out of the team, and will allow Cocona to streamline its operations, expand product application development and build the brand for long-term growth.
Encinitas, CA – Boardworks Surf’s main offices and international headquarters have relocated from downtown Encinitas, California to a new 15,000 sq. ft. facility in Carlsbad. The new move will more than double office square footage, allowing Boardworks to inventory more products and will provide room for future growth.