Helly Hansen is Now Owned by Kontoor Brands
The Wrangler and Lee parent closed its $900 million acquisition of Helly Hansen from Canadian Tire Corp., adding a third major brand and shoring up KTB’s position in the outdoor and workwear space. The deal is expected to be immediately accretive to the revenue, adjusted earnings per share, and cash flow. Helly Hansen’s ... Log in to view full article.