Seller: | MBrands shareholders |
Target: | MBrands |
Advisors seller: | Marktlink, Wintertaling, STP Tax laywers |
Buyer: | North Technology Group |
Advisors buyer: | Van Doorne, Paul Hastings, Moore Stephens |
Date announced: | 2019-01-10 |
Story:
North Technology Group, an American conglomerate of marine-industry companies, acquires MBrands, a company that owns multiple aquatics sports brands. MBrands will continue as North Actionsports Group. MBrands employs approximately 30 people and has an estimated revenue of between €10 million and €25 million.
Press release: Original source.
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