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On the Record · Wolverine World Wide

Wolverine World Wide acquisitions, on the record

The businesses Wolverine World Wide bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Sperry business to Authentic Brands Group LLC
Word for word“Effective January 10, 2024 the Company sold the global Sperry ® business to Authentic Brands Group LLC.” 10-K for 2023
divestitureEffective January 10, 2024—
Keds business to Designer Brands, Inc.
Word for word“Effective February 4, 2023 the Company sold the global Keds ® business to Designer Brands, Inc.” 10-K for 2023
divestitureEffective February 4, 2023—
China joint venture entities
Word for word“The Company divested its ownership interests in the China joint venture entities effective January 1, 2024.” 10-K for 2023
divestitureeffective January 1, 2024—
U.S. Leathers business
Word for word“Effective August 23, 2023, the Company completed the sale of the U.S. Leathers business and effective December 28, 2023, the Company completed the sale of the Asia-based Leathers business.” 10-K for 2023
divestitureEffective August 23, 2023—
Asia-based Leathers business
Word for word“Effective August 23, 2023, the Company completed the sale of the U.S. Leathers business and effective December 28, 2023, the Company completed the sale of the Asia-based Leathers business.” 10-K for 2023
divestitureeffective December 28, 2023—
U.S. performance leathers business to New Balance
Word for word“On August 23, 2023, the Company completed the sale of its U.S. performance leathers business to its long-time customer, New Balance.” 10-K for 2023
divestitureOn August 23, 2023, the Company completed the sale—
Hush Puppies trademarks, patents, copyrights and domains in China, Hong Kong and Macau to Beijing Jiaman Dress Co., Ltd.
Word for word“On September 1, 2023, the Company entered into an asset purchase agreement to sell the Hush Puppies ® trademarks, patents, copyrights and domains in China, Hong Kong and Macau to its current sublicensee, Beijing Jiaman Dress Co., Ltd. for cash of $ 58.8 million and recognized a gain on sale of $ 55.8 million.” 10-K for 2023
divestitureOn September 1, 2023, the Company entered into an asset purchase agreementcash of $ 58.8 million
Asia-based performance leathers business to Interhides Public Company Limited
Word for word“On December 14, 2023, the Company completed the sale of its Asia-based performance leathers business to Interhides Public Company Limited, a current materials vendor of the Company.” 10-K for 2023
divestitureOn December 14, 2023, the Company completed the sale—
global Sperry business
Word for word“On January 10, 2024, the Company completed the sale of the global Sperry ® business and as of fiscal 2023 year-end, determined that the Sperry ® business met the criteria to be classified as held for sale.” 10-K for 2023
divestitureOn January 10, 2024, the Company completed the sale—
Vincent Camuto LLC and DBI Brands Management LLC
Word for word“10.58 Asset Purchase Agreement dated as of February 7, 2023, among Wolverine World Wide, Inc. and certain of its subsidiaries as sellers, and Vincent Camuto LLC and DBI Brands Management LLC, as purchaser.” 10-K for 2023
divestituredated as of February 7, 2023—
Sperry business
Word for word“Effective January 10, 2024 the Company sold the global Sperry ® business to Authentic Brands Group LLC.” 10-K for 2024
divestitureJanuary 10, 2024—
Keds business
Word for word“Effective February 4, 2023 the Company sold the global Keds ® business to Designer Brands, Inc.” 10-K for 2024
divestitureFebruary 4, 2023—
Merrell and Saucony China joint venture entities
Word for word“The sale was effective January 1, 2024, in accordance with the terms and conditions of the Purchase Agreement and the purchase price was $ 22.0 million in cash.” 10-K for 2024
divestitureJanuary 1, 202422.0 million in cash
U.S. Wolverine Leathers business
Word for word“On August 23, 2023, the Company completed the sale of its U.S. Wolverine Leathers business to its long-time customer, New Balance.” 10-K for 2024
divestitureAugust 23, 2023—
Hush Puppies trademarks, patents, copyrights, and domains in China, Hong Kong, and Macau
Word for word“On September 1, 2023, the Company entered into an asset purchase agreement to sell the Hush Puppies ® trademarks, patents, copyrights and domains in China, Hong Kong and Macau to its current sublicensee, Beijing Jiaman Dress Co., Ltd. for cash of $ 58.8 million and recognized a gain on sale of $ 55.8 million in the third quarter of 2023.” 10-K for 2024
divestitureSeptember 1, 2023—
Courtland Drive facility sale-leaseback
Word for word“On September 17, 2024, the Company completed a sale and leaseback transaction with an independent third party for the land, building and related fixed assets of the Company’s Courtland Drive facility located in Rockford, Michigan for a sale price of $ 10.5 million.” 10-K for 2024
divestitureSeptember 17, 202410.5 million
Asia-based performance leathers business
Word for word“On December 14, 2023, the Company completed the sale of its Asia-based performance leathers business to Interhides Public Company Limited, a current materials vendor of the Company.” 10-K for 2026
divestitureOn December 14, 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31—$7.8 million—
2017-12-30$0$38.6 million—
2018-12-29$0$2.2 million$0
2019-12-28$15.1 million$0$12 million
2021-01-02$5.5 million—$0
2022-01-01$417.4 million—$118.9 million
2022-12-31$0—$0
2023-12-30$0——

Deal filings since 2016

Read from Wolverine World Wide’s annual reports (10-K for 2026, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.