
Canadian Tire successfully closed the sale of Helly Hansen for C$1.276 billion
Kanada | Juni 03, 2025
Client: Canadian Tire
Lawyers:
Our Toronto, London, Ottawa, Amsterdam, Washington, Dallas, St. Louis, New York, Houston, Montreal, Quebec, Hong Kong and Brussels offices are proud to have acted as legal counsel to Canadian Tire Corporation, Limited on the successful closing of its sale of the Helly Hansen business to Kontoor Brands, Inc. for total gross proceeds of C$1.276 billion.
Helly Hansen is an iconic global brand that designs and develops products used by professionals and outdoor enthusiasts around the world. Its high-performance apparel and gear are sold worldwide, including in Canadian Tire, SportChek and Mark’s stores in Canada. The sale of Helly Hansen reflects Canadian Tire’s increasing focus on its Canadian retail portfolio.