Samsonite Acquires Rolling Luggage

For 105 million in cash.

Samsonite acquires rolling luggage.

Has today announced that it has completed the acquisition of rolling luggage one of the world s leading airport retailers of branded luggage and travel products. Order online suitcases travel bags backpacks and laptop bags. Fall50 extra30 at checkout. Airport luggage retailer rolling luggage has been acquired by travel luggage brand samsonite.

This is the second major acquisition in a little more than a year for samsonite which bought upscale luggage retailer tumi inc no. Has acquired web only travel bag retailer ebags inc. Eco nu wheeled underseater carry on comparable value comp. 393 in the internet retailer 2016 top 500 guide for 1 8 billion in march 2016.

Samsonite international has completed the acquisition of leading airport luggage and travel products retailer rolling luggage. See promo details for more information. It bought the company from the rcapital owned tie rack retail group for a cash consideration of â 15 75 million. 240 00 our comparable value or comp.

Luggage giant samsonite international s a. Has completed the acquisition of tie rack retail group owned rolling luggage for 15 75m. The acquisition is part of samsonite s ongoing strategy to enhance and strengthen its global multi brand retail platform and gain share in the travel retail market. The fall getaway event save up to 50 off sitewide take an extra 30 off.

The move is part of an ongoing strategy to strengthen its global retail platform and gain share in the travel retail market explains the company. Discover the latest samsonite travel luggage. Find your local samsonite store and favorite bag. Value price represents the price at which similar merchandise is offered in the market including department stores specialty stores and online.

167 launched in 1999 generated 158 5. The move is part of samsonite s plans to strengthen its global retail presence and gain share in the travel retail market.