# Canadian Tire Corporation agrees to acquire Helly Hansen

Canadian Tire Corporation announced an agreement to purchase the company that owns and operates the Helly Hansen brands, a global sportswear and workwear brand based in Oslo, Norway. The acquisition strengthens CTC's outdoor and workwear businesses.

- Type: Acquisition
- Announced: 2018-05-10
- Where: Canada
- Status: announced
- Products: sportswear, workwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ontario Teachers' Pension Plan](https://endata.com/companies/2614.md) (partner)
- [Canadian Tire](https://endata.com/companies/13217.md) (acquirer)
- [Helly Hansen](https://endata.com/companies/31814.md) (target)

## Sources

- [canadiantire.mediaroom.com](https://canadiantire.mediaroom.com/2018-05-10-Canadian-Tire-Corporation-Announces-Agreement-to-Acquire-Helly-Hansen), 2018-05-10: "Canadian Tire Corporation, Limited announced today that it has entered into an agreement to purchase the company, controlled by the Ontario Teachers' Pension Plan, which owns and operates the Helly Hansen brands and related businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.