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Roots Corporation Enters Agreement for Acquisition by Marquee Brands.
Aug 21, 2026•about 4 hours ago
Contract Type
agreement
TorontoE CommerceFashionRetailLifestyle
Description
Roots Corporation has agreed to be acquired by Marquee Brands, allowing the company to preserve its Canadian identity while expanding globally. Shareholders will receive 4.10 Canadian dollars per share in cash, marking a significant premium over the stock's previous closing price.
Company Information
Company
Roots Corporation
Location
Toronto, Ontario, Canada
About
Roots is a global lifestyle brand established in 1973, known for its quality apparel, leather goods, footwear, and accessories. With over 100 stores in Canada and additional locations in the U.S. and Asia, Roots is synonymous with Canadian heritage and comfort. The brand emphasizes thoughtful gift-giving and the nostalgic elements of Canadian winter experiences. Roots aims to reflect uncompromising quality and style that connects customers with nature.
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