News

K-Swiss completes Palladium acquisition

05/06/2009

K-Swiss has signed a definitive agreement to acquire the remaining 43% equity interest in Palladium SAS for EUR 5 million in cash plus a potential earn-out based on Palladium’s EBITDA for 2012. Based in St Priest, France, Palladium designs and sells fashion footwear.K-Swiss acquired a 57% equity interest in Palladium in July 2008, having acquired...

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