Brown Shoe completes acquisition of Bennett Footwear
26/04/2005
Brown Shoe Company, Inc., has successfully completed the acquisition of Boston-based Bennett Footwear Holdings, LLC, a privately-held women's footwear designer and wholesaler.
The transaction is valued at $205 million, including indebtedness of Bennett which Brown Shoe has repaid in connection with the closing.
Bennett's footwear brands include Via Spiga, Franco Sarto, Etienne Aigner and Nickels Soft, and are primarily sold in the better and bridge footwear departments of many major
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