eBags Acquired By Samsonite For $105M
Greenwood Village, Colorado-based eBags, which sells luggage and other related products online, has been acquired by Samsonite, in a deal worth $105M in cash. Samsonite said the deal will help it accelerate the growth of its direct-to-consumer, e-commerce business. eBags, which is led by CEO Mike Edwards, had sales of $158.51M for its fiscal year ended December 31, 2016, the companies said.
posted on Monday, April 10, 2017
Related companies:
eBags
Related stories:
> eBags.com Tops 2.5M Reviews
> eBags Adopts Amazon Prime Day
> eBags Names CEO
> eBags: Strong Holiday Sales
> Omniture Signs eBags
Techrockies.com Home