A number of factors are influencing the market including the rapidly growing e-commerce segment, innovation stemming from the very technical nature of outdoor clothing, the growing importance of sustainability and developments in high visibility materials.
The flagship German outdoor clothing company, whose products bear the famous yellow wolf’s paw symbol, is a good example of a business which has seen huge growth due to the rise in the outdoor leisure market.
The sector is evolving fast as brands increasingly go direct to market and look to sell their products globally, while retailers also seek to strengthen their own brands. At the same time all brands need to constantly innovate to differentiate themselves.
found an investor with values that are fully aligned
We have been working closely with John and his team on this transaction over the past year. In Volpi Capital, Clearwater International found an investor with values that are fully aligned to Version 1’s core values and we believe that Volpi is an excellent fit for the next phase of the company’s growth. We would like to thank the Clearwater team for negotiating a strong result for the shareholders and for working tirelessly to ensure the transaction completed on time.