Berkshire, New Balance Complete Acquisition of Rockport
August 04, 2015
Berkshire Partners and New Balance have announced the completion of their acquisition of The Rockport Company from adidas. As part of the deal, NB affiliate Drydock Footwear will join with Rockport to form The Rockport Group, creating a combined entity operating in more than 63 markets worldwide. The transaction was announced in January and includes a total consideration of $280 million.