Acquiring Company
Samsonite
Acquired Company
BÉIS
MassachusettsLos AngelesManufacturingTravelTravelE CommerceFashionDescription
Samsonite has announced the acquisition of an 85% stake in BÉIS for $178.5 million, valuing the luggage company at $210 million. Shay Mitchell will retain a 15% stake and continue her role overseeing creative direction. BÉIS will operate as a standalone brand under the Samsonite umbrella. This acquisition highlights Samsonite's interest in expanding its portfolio in the travel accessories market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired BÉIS?
BÉIS was acquired by Samsonite, based in Massachusetts. The deal was reported on August 14, 2026. Samsonite is the global leader in premium travel gear, known for its innovative products designed to improve the travel experience. Samsonite is privately held and operates in Manufacturing.
When did Samsonite acquire BÉIS?
Samsonite's acquisition of BÉIS was reported on August 14, 2026. Samsonite has announced the acquisition of an 85% stake in BÉIS for $178.5 million, valuing the luggage company at $210 million. Shay Mitchell will retain a 15% stake and continue her role overseeing creative direction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BÉIS do?
BÉIS is a contemporary travel accessory brand that focuses on stylish and functional products. It was founded by actress Shay Mitchell in 2018. The brand is known for its aesthetically pleasing designs and practical functionality. It is privately held, operating in Travel, and is based in Los Angeles.