Kontoor brands announces definitive agreement to acquire iconic global outdoor and workwear brand helly hansen®

Greensboro, n.c.--(business wire)---- $ktb--kontoor brands, inc. (nyse: ktb), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, wrangler® and lee®, today announced it has signed a definitive agreement to acquire helly hansen, the global outdoor and workwear brand. under the terms of the agreement, kontoor brands will acquire 100% of helly hansen from canadian tire corporation. “we are thrilled to welcome the helly hansen team into kontoor brands.
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