Davis Polk is advising VF Corporation on its $820 million acquisition of Williamson-Dickies Holding Company. The transaction, which is expected to close early in the fourth quarter of 2017, is subject to customary closing conditions.
VF 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. Williamson-Dickie is a provider of professional grade performance workwear that designs, manufactures and delivers innovative work apparel for generations. Based in Fort Worth, Texas, the company’s collection of brands offers quality products across an assortment of apparel, footwear and accessories in more than 100 countries, spanning six continents.
The Davis Polk corporate team includes partner Marc O. Williams and associate Elyka A. Anvari. Partner Veronica M. Wissel and associate Matthew R. Wood are providing executive compensation advice. Counsel Betty Moy Huber and associate Yuko Masunaga are providing environmental advice. Partner Kathleen L. Ferrell and associate Dao Fu are providing tax advice. Partner Ronan P. Harty and counsel Mary K. Marks are providing antitrust and competition advice. All members of the Davis Polk team are based in the New York office.