Timberland Sews Up SmartWool Purchase

Leand, Judy
December 2005
SGB;Dec2005, Vol. 38 Issue 12, p10
Trade Publication
The article reports on the agreement signed by Timberland to acquire the outstanding stock of SmartWool Corp. from RAF Industries, Inc. and the Stripes Group LLC. Under terms of the deal, SmartWool will remain headquartered in Steamboat Springs, Colorado. It will operate as a wholly owned subsidiary of Timberland. Leadership will also remain under SmartWool president Chip Coe. The acquisition will have an impact on Timberland's current sock programs.


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