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Branded apparel maker Quiksilver completes acquisition of Rossignol

27 Jul '05
4 min read

Like Quiksilver, their team has a true commitment to performance and passion for sports and the outdoors. They look forward to leveraging each other's strengths and to fully capitalizing on the many new and exciting growth opportunities in their future. Over its long history, Rossignol has come to represent a compelling lifestyle, and just like Quiksilver, they believe it will be embraced by many more people as they communicate the message.

Bernard Mariette, President of Quiksilver Inc, commented, "The opportunities created with this acquisition are tremendous and numerous. They believe there is an excellent strategic fit between Quiksilver and Rossignol, and they are committed to using their global infrastructure to maximize their new position as the world's leading outdoor company."

Perhaps the greatest synergy of all, however, is the relationships of their people. We've started to plan their future together, and the long-standing values cultivated by Mr. Laurent Boix-Vives are the same values held by Quiksilver.

"These values will form the foundation of their merged company, and there is a definite excitement about the future as they look together at their combined potential."

The Company also stated that it has named Jean-Francois Gautier as President of Rossignol. Mr. Gautier has managed an investment fund for the past five years and was the President of wintersports equipment maker, Salomon, from 1990 to 1998.

Mr. Mariette continued, "They are thrilled to have someone of Jean-Francois' caliber join their senior management team. Jean-Francois is a highly respected industry veteran with significant, global experience and alpine expertise. His insight and leadership capabilities will be very valuable to us as they evolve Rossignol's global infrastructure and industrial capabilities."

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