GREENSBORO, N.C. — October 29, 2018 — VF Corp. today announced that it has completed the sale of the Reef® brand to The Rockport Group (Rockport) of Newton, Mass. A leading maker of casual and dress shoes, Rockport is a portfolio company of certain affiliates of Charlesbank Capital Partners LLC (Charlesbank), a middle-market private equity firm.
The announcement follows the October 4, 2018, news release in which VF announced that it had entered into a definitive agreement regarding the sale of this business. Terms of the agreement were not disclosed.
Posted October 29, 2018
Source: VF Corp.