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Vibram Acquisition Of Manufacturers And Distributors Quabaug Company

2015/6/4 14:39:00 60

ManufacturersDistributorsQuabaugVibram

This year, Vibram issued a big announcement: at the end of April, Antonio Dus, CEO of Vibram, resigned from the post, and its current chairman and chairman of the board, Marco Bramani, will temporarily take over Dus as chief executive.

At the end of May, Vibram announced the appointment of Paolo Manuzzi, who has been in the company for more than 20 years, as the managing director of the world, and will take effect from May.

Manuzzi will report directly to Marco Bramani, Vibram chairman and chief executive officer.

In the past 5 years, this family

Italy

The company also experienced big ups and downs because of the rapid rise and decline of five finger shoes. Last autumn, it agreed to pay 3 million 750 thousand dollars to settle the lawsuit, which was launched in 2012. The lawsuit alleges that Vibram five fingers shoes have wrongly publicized the health benefits of shoes.

Recently, the world's leading functional bottom brand Vibram announced its acquisition of Quabaug, a 50 year old manufacturer and distributor in the US.

This is the Italian company following this year.

Leadership level

Another important step after the big adjustment.

Vibram will merge the Vibram branch in Massachusetts with the assets of Quabaug company to form Quabaug Vibram Innovation company (referred to as QVI).

"Over the past 50 years, Quabaug has been manufacturing and distributing Vibram

Rubber sole

Products, "Vibram (US) CEO Mike Gionfriddo said in a statement.

"This acquisition ensures that we maintain the technology and quality of the United States and enhance our services to our North American customers."

Vibram said they plan to invest in QVI "advanced new manufacturing technologies and equipment."

Vibram customers will also benefit. "

"The tradition of Quabaug manufacturing industry can be traced back to 1916," said Kevin Donahue, chairman of Quabaug. "We are honored to join the Vibram American team to form the world's outstanding sole company.

Vibram's investment in Quabaug is an investment for all of us. "


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