Davis Polk is advising VF Corporation on its acquisition of Icebreaker Holdings, Ltd. Financial terms of the transaction were not disclosed.
VF Corporation outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including Vans, The North Face, Timberland, Wrangler and Lee. Founded in 1899, VF is one of the world’s largest apparel, footwear and accessories companies with socially and environmentally responsible operations spanning numerous geographies, product categories and distribution channels. Founded by Jeremy Moon in 1995 in New Zealand, the Icebreaker brand pioneered the ethical and sustainable production of natural performance apparel. The apparel collection for men, women & children harnesses the natural performance properties of merino wool sourced directly from the most sustainable and ethical merino farms in New Zealand.
The Davis Polk corporate team includes partner Marc O. Williams and associate John B. Weinstein. Partner Veronica M. Wissel and associate Tricia E. Walsh are providing executive compensation advice. Partner Kathleen L. Ferrell and associate Dao Fu are providing tax advice. Counsel Sangeeta Reddy and associate Cameron W. Ormsby are providing real estate advice. Partner Frank J. Azzopardi and associate Samantha Lefland are providing intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.