Press Release

Kirkland Advises OTPP on Sale of Helly Hansen

Kirkland & Ellis is advising Ontario Teachers’ Pension Plan (OTPP) on the sale of its majority stake in Helly Hansen, the Oslo-based global leader in sports and workwear, to Canadian Tire Corporation, Limited (TSX:CTC) for C$985 million (US$770 million). OTPP acquired Helly Hansen in 2012 and worked alongside the company to expand into 40 countries and provide apparel to over 50,000 ski professionals.

The Kirkland team, in London, was led by corporate partner Roger Johnson and associates Tom Bartram, Niklas Ahlklo and Irfan Ahmed. The team also included tax partners Dulcie Daly and Mark Ingram and antitrust partners Paula Riedel and of counsel Mike Robert-Smith.

Further information is available here.