financetom
Business
financetom
/
Business
/
Birkenstock Enters Deal to Acquire Birkenstock Australia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Birkenstock Enters Deal to Acquire Birkenstock Australia
Oct 16, 2025 12:53 AM

03:19 AM EDT, 10/16/2025 (MT Newswires) -- Birkenstock Holding ( BIRK ) said late Wednesday it has signed a deal to acquire its distributor, Birkenstock Australia.

Financial terms of the deal were not disclosed.

Birkenstock Australia has around 60 employees and annual revenue of 88.6 million Australian dollars ($57.6 million).

Closing of the deal is expected by the end of October, with continuity for all contracts, assets and employees, Birkenstock Holding ( BIRK ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Venture Global beats second-quarter revenue estimates on higher LNG sales
Venture Global beats second-quarter revenue estimates on higher LNG sales
Aug 12, 2025
Aug 12 (Reuters) - Venture Global ( VG ) surpassed Wall Street expectations for second-quarter revenue on Tuesday, as the easing of new export permits for liquefied natural gas in the U.S. helped improve sales. Commercial activity in the sector picked up pace after President Donald Trump lifted a moratorium on new LNG export permits soon after taking office in...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Car shipper says US tariff haze still affecting auto trade flows
Car shipper says US tariff haze still affecting auto trade flows
Aug 12, 2025
* Tariff uncertainty affecting car shipments to US, shipper says * New 15% tariff not implemented yet, leaving higher rate for now * Carmakers held back shipments in early Q2, volumes rose later (Adds details from paragraph 2 on shipment pattern from customers, CEO quote, background) By Marie Mannes STOCKHOLM, Aug 12 (Reuters) - Europe's car exporters are still struggling...
India's space regulator picks Google-backed PixxelSpace for home-grown satellite constellation
India's space regulator picks Google-backed PixxelSpace for home-grown satellite constellation
Aug 12, 2025
Aug 12 (Reuters) - India's space regulator has picked a consortium led by Google-backed startup PixxelSpace to build a commercial home-grown constellation of earth observation satellites, with an investment of more than 12 billion rupees (nearly $137 million) over the next five years, it said on Tuesday. The consortium, comprising local space tech firms Piersight Space, Satsure Analytics India and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved