The Canadian arm of Hilco Capital, Re:Capital, has acquired hat and travel apparel firm Tilley Endurables.
The acquisition was for an undisclosed amount. The business employs more than 200 people in its manufacturing, wholesale and retail operations in Canada, and wholesale operations in the U.K. and U.S. Tilley Hats are made by hand in Canada.
Tilley’s was founded by Alex Tilley in 1980. The company is known for its Tilley Hat. Other products in its merchandise line include travel apparel and accessories.
Tilley merchandise is available in more than 2,500 stores worldwide, Re:Capital said.