---
schema_version: "secwatch.filing_event.v1"
accession: "0001760965-25-000007"
form_type: "8-K"
ticker: "KTB"
cik: "0001760965"
company_name: "Kontoor Brands, Inc."
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T07:05:58.705809+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Kontoor Brands to acquire Helly Hansen from Canadian Tire for approximately $900 million

## Summary
- Kontoor Brands (KTB) will acquire 100% of Helly Hansen from Canadian Tire Corporation for $900 million in cash and debt.
- Helly Hansen expected to generate over $680 million in revenue and $80 million in adjusted EBITDA in full year 2025.
- Transaction expected to close in second fiscal quarter of 2025, subject to regulatory approvals and customary conditions.
- Kontoor plans to finance the acquisition with excess cash on hand and new debt, targeting net leverage below 3x pro forma EBITDA.
- Morgan Stanley & Co. LLC served as financial advisor and Foley & Lardner LLP as legal advisor to Kontoor Brands.

## SEC filing metadata
- accession: 0001760965-25-000007
- form_type: 8-K
- ticker: KTB
- cik: 0001760965
- company_name: Kontoor Brands, Inc.
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760965/000176096525000007/0001760965-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760965/000176096525000007/ktb-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760965-25-000007
- JSON: https://secwatch.observer/filing/0001760965-25-000007.json
- Plain text: https://secwatch.observer/filing/0001760965-25-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.