Swiss investment firm acquires Henri-Lloyd
The acquisition comes months after Odlo announced the acquisition of Janus.
Odlo International AG, a Swiss performance brand in Monte Rosa Capital’s portfolio, has announced the acquisition of Henri-Lloyd, the 60-year-old British sailing brand, for an undisclosed sum.
Henri-Lloyd is a British clothing brand that specialises in sailing apparel and fashion for men and women.
Odlo is a specialist sport and outdoor clothing brand that creates comfortable, breathable clothing for cycling, hiking, running and cross-country skiing enthusiasts.
Hugo Maurstad, chairman of the board, Odlo, said: “We are excited about including Henri-Lloyd into our family of brands. It is an iconic brand with a proud history. Together with Odlo we aspire to further expand its product range and geographic footprint.
“Henri-Lloyd and Odlo are both companies that originated from technical innovations in outdoor sport apparel and they will complement each other going forward.”
Hans Eckerström, chairman of the board at Henri-Lloyd, added: “The acquisition of Henri-Lloyd by Odlo opens up tremendous opportunities for the brand to reach its true potential to the benefit of all shareholders, both current and future.
“Joining a family of successful companies that share values and goals will accelerate our growth. Most importantly that journey will be based on quality, innovation and striving for sustainability – principles that the Henri-Lloyd team hold dearly.”
The acquisition comes months after Odlo announced the acquisition of Janus, a merino clothing manufacturer, and solidifies the brand’s commitment to growth and scale through acquisition across its portfolio.
