VF Corporation announced that it hasd completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company.
The occupational workwear portion of VF’s Work segment includes the following brands: Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Work Authority, and Horace Small.
The sale does not include the Dickies and Timberland Pro brands.
The announcement follows the April 28, 2021 news release in which VF announced that it had entered into a definitive agreement regarding the sale of this business. Terms of the agreement were not disclosed.
VF’s major brands include Vans, The North Face, Timberland and Dickies.
Photo courtesy VF Corp./Red Kap
