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Samsonite agrees to buy 85% stake in BÉIS for US$178.5 million

PUBT·08/12/2026 23:31:14
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Samsonite agrees to buy 85% stake in BÉIS for US$178.5 million
  • Samsonite agreed to buy an 85% stake in digitally native travel and lifestyle brand BÉIS for US$178.5 million in cash.
  • Deal implies about US$210 million enterprise value on a cash-free, debt-free basis; price adjusts for cash, debt, working capital.
  • Closing targeted for Q4 2026; funded with cash on hand and available borrowing capacity under its revolving credit facility.
  • Home Beis, owned by Shay Mitchell, will retain 15% with put and call options exercisable from year three post-closing.
  • BÉIS posted 2025 net sales of US$209.8 million; it will run as a standalone brand led by CEO Adeela Hussain Johnson.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Samsonite International SA published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260813-12282103), on August 12, 2026, and is solely responsible for the information contained therein.