Kontoor Brands to acquire Helly Hansen for $900 million

Kontoor Brands will acquire Norwegian outdoor and workwear brand Helly Hansen from Canadian Tire for about $900 million. The deal is expected to close by June 30, 2025.

“Given our global platform and proven track record of operational excellence in owning brands rooted in heritage, quality, authenticity and innovation, Kontoor Brands is uniquely positioned to partner with Helly Hansen management to scale and elevate the business globally.”businessnc.com

• 1 source
• businessnc.comKontoor adds Norwegian rainwear brand in $900 million deal - Business North CarolinaKevin EllisFeb 19, 2025

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