---
schema_version: "secwatch.filing_event.v1"
accession: "0001760965-25-000055"
form_type: "8-K"
ticker: "KTB"
cik: "0001760965"
company_name: "Kontoor Brands, Inc."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T03:06:39.401381+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kontoor completes $960M acquisition of Helly Hansen; director resigns due to conflict

## Summary
- Acquired all share capital of CTC Triangle B.V. (Helly Hansen parent) for ~$960M including working capital adjustments.
- Financed with excess cash and borrowings under its amended credit agreement dated April 8, 2025.
- Director Andrew E. Page resigned voluntarily due to conflict; Helly Hansen competes with a brand at his current employer.
- Acquisition expected to be immediately accretive to revenue, adjusted EPS, and cash flow in fiscal 2025.

## SEC filing metadata
- accession: 0001760965-25-000055
- form_type: 8-K
- ticker: KTB
- cik: 0001760965
- company_name: Kontoor Brands, Inc.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/0001760965-25-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/ktb-20250531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760965-25-000055
- JSON: https://secwatch.observer/filing/0001760965-25-000055.json
- Plain text: https://secwatch.observer/filing/0001760965-25-000055.txt

## Key facts
- Executive change
  Andrew E. Page resigned as Director at Kontoor Brands, Inc..
  - Action: resigned
  - Role: Director
  source text: On June 2, 2025, Andrew E. Page resigned from the Board of Directors of the Company (the “Board”) including all committees thereof, effective immediately, and the size of the Board was reduced to seven members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/0001760965-25-000055-index.htm

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