Neet Feet LLC, which is a division of The Kanata Group (PPAI 111063 S7), has announced the acquisition of Footprints USA.
The Acquisition:
- Rather than keep the Footprints USA name, the Footprints products will be added to Neet Feet’s current line of products and will be moved to the Neet Feet headquarters in Southern California.
- The move bolsters Neet Feet’s already large offerings of custom flip flops and slippers within the promotional products industry.
- The terms of the deal were not disclosed.
Background:
- Neet Feet was originally established in 1987 and since that time has offered custom flip flops, sandals, rain boots and slippers for promotional purposes.
- Neet Feet and the Kanata Blanket Company were part of an acquisition in 2020. The result was The Kanata Group, whose umbrella includes Kanata Blanket, Neet Feet, Big Time Jersey and Kanata Towel.
What They’re Saying:
- “Working with Footprints USA was a pleasure,” says Bob Strem, president of Neet Feet. “Thank you to the staff for helping to make this a smooth transition. We are adding the new additions to our website as quickly as possible and looking forward to adding more stylish and fun products in the near future.”