Rocky Brands Closes Honeywell Footwear Deal
RCKY has completed the acquisition of Honeywell’s performance and lifestyle footwear business that includes the Muck Boot, XTRATUF, Servus, NEOS and Ranger footwear brands. It paid $230 million for the five brands, which generated $24.5 million of EBITDA on $205 million in revenues last year and will nearly double Rocky’s top line. The acquisition was funded with cash on ... Log in to view full article.
