15 September 2023, Mumbai
Innovation-led sportswear and Athleisure solutions platform acquire India's largest sports footwear manufacturer for the domestic market.
Agilitas Sports, an innovation-led sportswear and Athleisure solutions platform, has acquired Mochiko Shoes Pvt Ltd, India's largest sports footwear manufacturer for the domestic market.
Synergies
The acquisition will strengthen Agilitas' value proposition by strengthening its supply chain in the rapidly growing sports footwear market.
Mochiko's manufacturing capabilities, operational excellence, and strategic partnerships with leading global giants, position Agilitas to address the Government's clarion call to 'Make in India'.
Mochiko Shoes is a leading manufacturer of sports footwear for leading international brands.
The acquisition will create a strong player in the Indian sportswear and Athleisure market.
Agilitas will be able to leverage Mochiko's manufacturing capabilities and operational expertise to expand its product offerings and reach a wider customer base.
The combined entity will be well-positioned to capitalize on the growing demand for sportswear and Athleisure products in India.
