Weyco Group Acquires Forsake Brand
June 7, 2021
Weyco Group, Inc. acquired substantially all operating assets and certain liabilities of Forsake, Inc., including the Forsake brand, for approximately $2.5 million plus contingent payments. Forsake will join Weyco's outdoor division (together with BOGS) to expand Weyco's presence in the outdoor footwear market; Forsake's co-founders joined Weyco to continue leading the business.
- Buyers
- Weyco Group, Inc.
- Targets
- Forsake, Inc.
- Sellers
- Forsake, Inc.
- Industry
- Consumer Products
- Location
- Oregon, United States
- Transaction Type
- Buyout
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