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Wrangler & Lee Parent Kontoor Brands Snaps Up Helly Hansen For $900M: Details

Summary

Kontoor Brands plans acquisition of outdoor and workwear brand Helly Hansen for approximately $900 million. The deal is expected to boost Kontoor's revenue and profit, with projections of over $680 million in revenue and $80 million in adjusted EBITDA for 2025.

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Article published on February 19, 2025 by benzinga