• Adidas files objection to Rockport's plans to sell itself to Charlesbank

    2 monthes ago - By Fashion United

    The Rockport Group may not move ahead with its plans to sell itself to CB Marathon Opco LLC , an affiliate of Charlesbank Capital Partners, just yet. Rockport's former parent company, the Adidas Group, has filed an official objection to the sale, according to Footwear News.
    Founded in 1971, Rockport was bought 15 years later by Reebok, which was bought in 2005 by the Adidas Group. Adidas sold Rockport to New Balance and Berkshire Partners LLC in 2015, for an estimated 280 million US dollars - a transaction which took two years to be completed. Earlier this year, Rockport filed for...
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