Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through NIKE's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
6 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
Globally recognized footwear brand based in North Andover, Massachusetts with nearly a century of sports heritage, known for heritage products including the Chuck Taylor All Star and Jack Purcell lines alongside performance footwear. Nike acquired 100 percent of the equity shares for approximately $305 million plus the assumption of certain working capital liabilities. approximately $305 million.
Converse is one of the strongest footwear brands in the world with great heritage and a long history of success. Converse's management has done an excellent job of reestablishing this beloved brand with consumers and we look forward to supporting them as they continue to implement their growth strategy.Tom Clarke — President of New Business Ventures, Nike, Inc.
Over the past two years, we have rebuilt and reinvigorated the Converse brand to its long-standing position as America's Original Sports Company, but our job is not done. Our partnership with Nike creates significant opportunity for us to execute our vision for building a leading global sports footwear and apparel brand.Jack Boys — Chief Executive Officer, Converse Inc.
Leading United Kingdom-based global football (soccer) brand with more than 70 years of experience, listed on the London Stock Exchange, with close links to The Football Association and the England national team. Nike made an all-cash offer of 193.06 pence per share, valuing the company at approximately $582 million (GBP 285 million). Umbro's 2006 annual revenues were approximately $276 million (GBP 149.5 million).
Umbro is a brand with a powerful heritage and deep experience in the world's most popular sport and the world's biggest football market. This dynamic alignment of Umbro and NIKE, with our complementary strengths and numerous ways to segment and grow the market, will lead the game at every level throughout the world.Mark Parker — President and CEO, Nike, Inc.
This is an excellent deal for all our stakeholders: it provides great value for shareholders and exciting prospects for our colleagues, partners and customers around the world. We will be a stronger and better business as part of NIKE.Steve Makin — CEO, Umbro
Action sports company headquartered in Costa Mesa, California that designs and distributes a line of action sports apparel for surfing, skateboarding and snowboarding, plus youth lifestyle apparel and footwear under the Hurley brand name. Nike disclosed the acquisition in its fiscal 2002 Form 10-K; the company noted the Hurley acquisition did not have a significant impact on results.
In April 2002, we acquired Hurley International LLC, headquartered in Costa Mesa, California, which designs and distributes a line of action sports apparel (for surfing, skateboarding, and snowboarding) and youth lifestyle apparel under the Hurley brand name.Nike — Inc. FY02 10-K, Item 1 Business description
New York-based consumer data and analytics firm with a team of data scientists and proprietary predictive tools. Nike disclosed the acquisition on its Q3 FY18 earnings call (March 2018), describing Zodiac as an 'exceptional consumer data and analytics firm' acquired to deepen consumer relationships, with primary focus on NikePlus members.
Today, we're announcing that we've acquired an exceptional consumer data and analytics firm named Zodiac. Based in New York, this team of world-class data scientists and their proprietary tools will help us deepen relationships with consumers all over the world, with the primary focus on our NikePlus members.Nike — Inc. Q3 FY18 earnings call commentary
We've also integrated the Zodiac team from our recent acquisition who are giving us new predictive tools and advanced analytics to drive targeted growth.Nike — Inc. Q4 FY18 earnings call commentary
Nike, Q4 FY18: We've also integrated the Zodiac team from our recent acquisition who are giving us new predictive tools and advanced analytics to drive targeted growth, and we continue to develop our sensing capabilities within our key cities and sharpen the Express Lane.
Nike acquired Canstar Sports, parent of Bauer, the leading maker of ice hockey skates and equipment, extending Nike into hockey and performance sporting-goods hardware. approximately $407 million (US$19.88 per share for 20,470,991 shares, all-cash).
RTFKT, founded in 2020, is a digital-native brand that creates next-generation collectibles merging culture and gaming, using game engines, NFTs, blockchain authentication and augmented reality. Terms were not disclosed.