Switzerland based Arklyz acquires Lloyd Shoes from Ara

Switzerland-based Arklyz AG is set to acquire LLOYD Shoes GmbH and its subsidiaries, with the deal approved by both companies’ Boards.
Param Singh, CEO of Arklyz, sees this as a strategic milestone to further develop LLOYD’s international presence and omni-channel strategy.
Ara AG’s CEO believes Arklyz is the right owner for LLOYD’s next growth phase.

Leave a Reply

Your email address will not be published. Required fields are marked *