◂ Announcements

Oct 30, 2017ACQUISITIONUnited Kingdom

Ineos to acquire Belstaff from JAB Luxury

Investment firm JAB Luxury GmbH agreed to sell Belstaff, a British label known for motorcycle-inspired outerwear, to Ineos, a global manufacturer of petrochemicals. Terms were not disclosed.

Status

Announced

Productsmotorcycle-inspired outerwearwaxed cotton clothing

CompaniesINEOS acquirer Belstaff target JAB Luxury partner

Sectors#Industrial Textiles

“I am extremely pleased that Belstaff is to be bought by a British company bringing ownership back into British hands.”mr-mag.com

1 source
mr-mag.comBELSTAFF RETURNS TO BRITISH OWNERSHIP WITH SALE TO INEOSStephen GarnerOct 30, 2017

Summarized from public sources; check the original articles before acting on it.

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Ineos to acquire Belstaff from JAB Luxury · Endata