Coolibar sets stage for growth with ownership change
Since its founding in 2001, Coolibar has evolved to become a leader in innovative sun-protective clothing and accessories.
We helped our client Coolibar, headquartered in Minneapolis, Minnesota, in its sale to Olivarius Hospitality California. Olivarius is owned by Olivier Leclercq, a businessman and former chairman of Decathlon, one of the world’s largest integrated sporting goods retailers. The ownership change will bring additional expertise and growth strategies, allowing Coolibar to continue to grow its business and become the global standard for sun-protective clothing. We are pleased to represent Coolibar from its founding, through its acquisition and into its future of continued success.