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Coats Group Acquires OrthoLite for $770 Million

11/1/2025

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Summary

Story summary

Coats Group has finalized its acquisition of OrthoLite, the premium insole brand based in Amherst, Massachusetts.
The deal, announced in July 2025, supports Coats Group's long-term growth strategy and strengthens its footwear division.
The transaction is valued at $770 million and aligns the companies' customer bases and commitment to innovation.
Coats Group will shift from three divisions to two—Apparel and Footwear—effective for the fiscal year ending December 2026.

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Story summary

Coats Group has finalized its acquisition of OrthoLite, the premium insole brand based in Amherst, Massachusetts.
The deal, announced in July 2025, supports Coats Group's long-term growth strategy and strengthens its footwear division.
The transaction is valued at $770 million and aligns the companies' customer bases and commitment to innovation.
Coats Group will shift from three divisions to two—Apparel and Footwear—effective for the fiscal year ending December 2026.