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Roots Corporation Enters Agreement for Acquisition by Marquee Brands.

Aug 21, 2026about 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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