Volcom [SEP] parent company
Eric Crane had acquired the brand from Volcom for an undisclosed amount.
On May 2, 2011, French luxury, sport, and lifestyle group Kering (previously known as Pinault-Printemps-Redoute and PPR until 18 June 2013) launched a friendly takeover offer to buy Volcom Inc. for US$24.50 a share, valuing the company at US$608 million. Volcom's board unanimously backed the Kering offer, and shareholders were advised to tender their shares to the French company.
Since the takeover, Kering has sought to expand
in Santiago, Chile, and sells products in Chile, Brazil, and Peru.
The company is currently rated A by Standard & Poor’s (Sep. 2018), A+ (Superior) by A.M. Best (Dec. 2018), and A1 by Moody’s (Oct. 2016).
Ohio National Mutual Holdings, Inc. is parent to the following companies:
- The Ohio National Life Insurance Company
- Ohio National Life Assurance Corporation
- Ohio National Equities, Inc.
- The O.N. Equity Sales Company
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