By  on March 19, 2012

Last September, Eric Wiseman closed the biggest deal in VF Corp.’s 113-year history, acquiring The Timberland Co. for $2.3 billion. The purchase added $1.6 billion in annual sales to VF’s top line, pushing total revenues to $10 billion and making it the largest apparel manufacturer in the world.

Wiseman, chairman and chief executive officer of Greensboro, N.C.-based VF, calls the acquisition “transformative,” as it gives the group a major boost in global footwear, as well as a big jump on its five-year plan, outlined last March. The deal further cements VF’s transformation into a portfolio of powerful lifestyle brands—including The North Face, Vans, Nautica and Reef—many of which are anchored in the dynamic outdoor and action sports space.

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