Canada is equivalent to special cylinders offers, which are estimated at $ 1.35 billion

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Shanghai, China – December 02: A citizen of the Canada Oza store is running on December 2, 2021 in Shanghai, China.

China Visual Group Gety pictures

Canada’s goat The shareholders, Bain Capital, have received offers aimed at taking the other hikers maker about $ 1.4 billion, according to the people familiar with the matter.

The people said, Bain Capital is looking to empty her detention in the goat of Canada, where Goldman Sachs has provided advice on the sale. All current offers aim to privatize the company listed in Toronto as well as New York, according to the sources that requested not to name information because information is confidential.

The people said that the stock companies of Buyu Capital and Denfoven International made oral offers, as they evaluated the Canada funeral at eight times their average profits 12 months before interest, taxes, consumption and firefighting, and translated into an evaluation of about $ 1.35 billion.

Among the other interested buyers Bosiding internationalHe is a Downt Downt Cracks, a maker in Shanghai, and a consortium formed by Fountainvest Capital and Anta Sports Product-The Duo. He led a deal in 2019 To gain Amir Sports in Finland, the owner of Wilson tennis rackets.

The attempt to take Canada Goose Private is not surprising, according to many industry monitors, because going to the private sector will give buyers greater independence to change the company, without additional audit of regular financial disclosures.

People said that Bain Capital is a decision to flow more offers, adding that once the buyer is chosen, it is expected that due care will take less than two months before signing the deal.

New York first -class shares in New York have gained more than 21 % so far this year, and raised their market value to $ 1.18 billion. Although it is still far from its peak for the year 2018 of $ 7.7 billion, after a year of colloquial, the current evaluation represents great returns for Bain It was reported at $ 250 million The level when it took control in 2013.

As of March, Bain owns about 60.5 % of the multiple voting shares in Canada, which holds 10 times the power voting for the company’s shares circulating publicly, giving Bain 55.5 % of the total voting power in the company, According to an organizational deposit.

Bain Capital and Canada Goose did not respond to the CNBC for comments.

A specific outlet

Bain’s plan is struggling with Canada’s goat in order to maintain growth momentum in many major markets, where analysts doubt that its brand puts its brand and marketing its brand at a time when consumers have become cautious about the purchase of large clothes.

For the year ending in March, the company’s revenues It decreased by 1.1 % on the basis of a fixed currency By one year to 1.35 billion Canadian dollars, sales in its decisive markets, including Canada, China and the EMEA region – which includes Europe, the Middle East, Africa and Latin America – 2.4 %, 1.7 % and 12.1 %, respectively.

This represents a sharp slowdown in the growth of its global revenues, which was 23.2 % rose in 2022and 10.9 % in 2023 and 9.6 % in 2024 On the basis of a fixed currency.

Low sales in China – which hosts nearly half of the company’s global stores – indicates a sharp decrease compared to a 47 % jump in sales in the fiscal year 2024, when China exceeded Canada as the largest market for the company.

in The last quarter ends in JuneIt is a slow -season period for the winter maker. Canada Goose published a greater net loss than expected of $ 125.5 million, wide from a $ 74 million loss in the same period last year.

This director also came as Paine, which lasted 12 years over the head of Canada, has exceeded the model investment cycle of special classification from about five to 10 years, making the exit a next natural step.

“The Bain’s Canada Goose deal is the classic PE box – obtaining the brand, and is now looking to go out,” said one of the ancient warriors in the industry, who did not want to nominate the brand, adding that the exit after 12 years away from idealism.

“The problem of Canada is that it is not worn well or a good fashion in particular from the consumer perspective,” said Yaling Jiang, the founder of the Consumer Consulting Company.

Jiang added that the company tends to settle brands and medium -level celebrities in marketing, and stops its basic strength in Winterwear. “The brand feels without root and hateful.”

She also pointed out that it is not consistent with the correspondence of Canada: “It is embarrassing when they are of life quality, then they face a number of quality scandals in China … and when they call themselves luxurious costumes, but many consumers expect to buy them in the (collective market) outlets.”

Canada Goose has made it clear that the United States’ high tariff can raise the costs of raw materials and compliance, which may lead to high prices that risk erosion of the company’s competitiveness in some markets.

While blocking the current fiscal year’s expectations on an unconfirmed commercial environment, the company said it is in good condition to manage the impact of definitions, as 75 % of its elements are manufactured in Canada and is exempt from the American customs tariffs currently due to compliance with the United States and Canada agreement.

Exterior It is said Log in blouses, sunglasses and shoes where they seek to shift from being a specialist in Parka to a brand throughout the season with sustainable sales during peak seasons.



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