Core Insights - 3G Capital is set to acquire Skechers for approximately $9.4 billion, with the deal expected to close in Q3 2025, resulting in Skechers going private [1] - Skechers is the third-largest athletic footwear retailer globally and has significant brand recognition among Chinese consumers [1] - 3G Capital, founded in 2004 by Brazilian entrepreneurs, has a history of successful acquisitions in the consumer goods sector, including Burger King and Heinz [1] Company Overview - Skechers reported a sales revenue of $8.97 billion for 2024, with Q1 2025 sales reaching $2.41 billion, marking a 7.1% year-over-year increase [9] - The acquisition offers Skechers shareholders two options: a full cash buyout at $63 per share or $57 in cash plus equity in the parent company post-privatization [9] - Skechers operates nearly 3,500 physical stores in China, highlighting its strong market presence [9] 3G Capital Background - 3G Capital was established by the "Three Musketeers"—Lehman, Marcel, and Beto—who previously worked together at Garantia, a Brazilian investment firm [2][3] - The firm is known for its dual approach of investing and managing, which has led to significant returns, such as an almost 80% return on investment in CSX [8] - 3G Capital has been involved in major acquisitions, including controlling stakes in Anheuser-Busch InBev and Burger King, and has a reputation for focusing on undervalued companies [4][8]
巴西“三剑客”拟收编斯凯奇 产业+金融铸造消费品帝国创富2160亿
Chang Jiang Shang Bao·2025-05-12 00:25