Samsonite

Boston, United States Founded: 1910 • Age: 116 yrs Acquired By CVC
Travel and business bags are designed and distributed by Samsonite.
Annual revenue - Latest available
Total funding $1.8M 12 rounds
Employees 3185 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Samsonite

Samsonite is a company based in Boston (United States) founded in 1910 was acquired by CVC in July 2007. Samsonite has raised $1.81 million across 12 funding rounds from investors including Ares Management, CVC and European Union. The company has 3,185 employees as of October 31, 2024. Samsonite has completed 6 acquisitions, including Hartmann Luggage, High Sierra and Lambertson Truex.

  • Headquarter Boston, United States
  • Employees 3185 as on 31 Oct, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.81 M (USD)

    in 12 rounds

  • Latest Funding Round
    $1.81 M (USD), Unspecified

    Dec 27, 2022

  • Investors
  • Employee Count
    3185

    as on Oct 31, 2024

  • Investments & Acquisitions
  • Acquired by
    CVC

    (Jul 05, 2007)

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People of Samsonite

Headcount 1000-5000
Employee Profiles 213
Board Members and Advisors 7
Employee Profiles
People
Carla Jones
Director, Global HRIS & NA Payroll
People
Alvin Concepcion
VP Of Investor Relations
People
Carolina Faria
Retail Project Coordinator
People
Guillermo Gomez de la Madrid
Sr. Director Of Finance Americas

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Board Members and Advisors
people
Paul Kenneth Etchells
Director
people
Ying Yeh
Director
people
Tom Korbas
Director
people
Bruce Hardy Mclain
Director

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Funding Insights of Samsonite

Samsonite has successfully raised a total of $1.81M across 12 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.81 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Samsonite

Samsonite has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Management, CVC and European Union.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Alternative asset investment management firm
Locked Locked Locked
Mezzanine financing and equity investments are provided by CVC.
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Samsonite

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Samsonite

Samsonite has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Hartmann Luggage, High Sierra and Lambertson Truex.

Investments
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Investment portfolio details for Samsonite

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of industry information and resources for marina and boatyard management
Locked Locked 2005 Locked
Slim protective cases for personal electronics are designed and distributed.
Locked Locked 2001 Locked
Retailer of wallets and handbags
Locked Locked 1998 Locked
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Complete acquisition details for Samsonite

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Samsonite

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Detailed financials for Samsonite

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  • Profit trends
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Samsonite Comparisons

Samsonite Primary company
Description
Travel and business bags are designed and distributed by Sam...
Location
Boston, United States
Founded Year
1910
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
3,185
As of 2024
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Peer comparison for Samsonite

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  • Headcount comparison
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Competitors of Samsonite

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Detailed competitors of Samsonite

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Latest news on Samsonite

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Complete news archive for Samsonite

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Frequently Asked Questions about Samsonite

Samsonite was founded in 1910 and raised its 1st funding round 93 years after it was founded.

Samsonite is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Jai Krishnan is the current CEO of Samsonite.

Samsonite is a funded company, having raised a total of $1.81M across 12 funding rounds to date.

As of Oct 31, 2024, the latest employee count at Samsonite is 3,185.

Samsonite, founded in 1910 in Boston, United States, focuses on producing consumer products, fashion accessories, bags luggage, and travel business bags. Travel business bags brand. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Samsonite has made 6 acquisitions, including Hartmann Luggage, High Sierra, and Lambertson Truex.

Samsonite has 3 investors. Key investors include Ares Management, CVC, and European Union.

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