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...Blue Orca also said that Samsonite had been involved in related-party transactions with a company called Samsonite South Asia, a joint venture between Samsonite and Mr Tainwala’s family....
...The push comes after Samsonite acquired luxury baggage maker Tumi for about $1.8bn earlier this year. Image from Getty...
...Samsonite made the announcement to the Hong Kong Exchange on Friday morning, where its shares are listed....
...Ares has previously invested in General Nutrition Centers, Samsonite and mattress manufacturers Serta and Simmons....
...Ares, said the group would look to expand the chain and utilise the retail expertise that it gained through investing in companies such as Floor and Decor Outlets of America, General Nutrition Centers and Samsonite...
...rash of high-profile bankruptcies in 2009, including retailers Eddie Bauer and Filene’s Basement; General Growth Properties, the shopping-mall operator; Smurfit-Stone Container, the packaging company; and Samsonite...
...It has snapped up assets ranging from luggage maker Samsonite (sold recently for a threefold return); the New York container terminal; the Toronto Maple Leafs franchise; Brazilian forests and the New Zealand...
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