Arklyz AG, a rising Swiss powerhouse in the sports and lifestyle sectors, has successfully acquired LLoyd Shoes GmbH from Ara AG. This acquisition forms part of Arklyz’s strategy to diversify its portfolio and enhance its global market presence. Founded in 1888, LLoyd Shoes GmbH is a German premier shoe brand known for its superior quality and timeless design. Keeping its headquarters in Sulingen, Germany, LLoyd will continue to benefit from Arklyz’s extensive resources and strategic support to advance its wholesale, omnichannel, and international business activities. Param Singh, owner and CEO of Arklyz, emphasized the potential synergies and growth opportunities this acquisition brings, aiming to transform LLoyd into an alluring global lifestyle brand. LLoyd’s General Manager, Andreas Schaller, expressed optimism about leveraging Arklyz’s support to bolster operational efficiencies and global expansion. The financial details of the transaction remain undisclosed.
Sports and Lifestyle, Fashion and Footwear,Switzerland, Germany
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