# 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.

- Type: Acquisition
- Announced: 2025-02-19
- Where: Greensboro, North Carolina, United States
- Value: $900.0M
- Status: announced
- Products: outdoor and workwear clothing
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Canadian Tire](https://endata.com/companies/13217.md) (partner)
- [Helly Hansen](https://endata.com/companies/31814.md) (target)
- [Kontoor Brands](https://endata.com/companies/83054.md) (acquirer)

## Sources

- [businessnc.com](https://businessnc.com/kontoor-to-add-helly-hansen-to-wrangler-lee-brands-in-900-million-deal/), 2025-02-19: "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."

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