Mayer Brown represents Pentland Group in acquisition of Speedo North America

A global Mayer Brown team is representing Pentland Group, the longtime parent company of Speedo International Limited, in its acquisition of the Speedo North America business from apparel conglomerate PVH Corp. for approximately $170 million.

The acquisition by Pentland reunites the Speedo North America business with the rest of the global Speedo brand ahead of the 2020 Olympics and Paralympics. Pentland acquired Speedo in 1991 and has since developed it into the world’s leading performance swimwear brand. In addition to Speedo, Pentland owns the Berghaus, Canterbury, Ellesse and SeaVees brands. The transaction is expected to close in Q1 2020.

The Mayer Brown team is led by Corporate & Securities partners Joe Castelluccio and Jim Carlson and associate Boris Ryvkin (all NY) and includes: Corporate & Securities – partner Michelle Ontiveros Gross (NorCal), counsel Hai Thao Nguyen (Ho Chi Minh City) and associates Meicy Hui (NorCal), Mike Russo, Adam Lerner and Sam Stender (all NY); Employment & Benefits – partners Stephanie Vasconcellos (Chicago), Duncan Abate and Hong Tran (both Hong Kong) and associate Rashida Stevens (Chicago); Litigation & Dispute Resolution – partners Jean-Marie Atamian (NY), Scott Perlman and Oral Pottinger (both DC), counsel Meytal McCoy, Kim Leffert (both Chicago) and Roxanne Wilson (LA) and staff attorney Becki McCraw (DC); Tax Transactions & Consulting – partner Remmelt Reigersman and associate David Goett (both NorCal); Banking & Finance – partner Scott Zemser and associate Christophe Wassaf (both NY); Government & Global Trade – partner Tim Keeler and associate Mickey Leibner (both DC); and IP – associate Joy Lee (NorCal).