It looks like Supra co-founder Angel Cabada and his investors found an exit they were looking for because today K-Swiss Global Brands announced the acquisition of One-Distribution for the usual “undisclosed amount of money,” according to a story on TransWorld Business.
“Having formed KSGB just two years ago, we are on an aggressive track to become one of the world’s leading multi-brand companies,” said KSGB President and CEO Larry Remington. “KR3W and SUPRA are brands that meet the distinctions we are looking for in our portfolio: authenticity, strong brand awareness, a track record of product innovation and opportunities for long-term, global growth. We are excited to join forces with the ONE-Distribution teams and lay a foundation for the future.”
For a few questions and answers from Remington with TWBiz’s Kailee Bradstreet click the link.
[Link: TransWorld Business]
