News

Crocs to acquire Ocean Minded

02/02/2007

US-based footwear designer and manufacturer Crocs, Inc. has entered into a definitive agreement to acquire 100% of the membership interest of Ocean Minded, LLC for $1.75 million in cash, plus a potential earn-out of up to $3.75 million based on Ocean Minded hitting certain earnings targets over a three-year period.

To continue reading this story, please sign in or register.

Footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.