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Tumi Acquired By Samsonite
Today, it was announced that Samsonsite has paid $1.8 billion to acquire Tumi. Samsonite is the biggest luggage company in the world and has varying quality of bags across their spectrum of products. By adding Tumi, a well-loved brand by business travelers everywhere, they will certainly add something to their upper-end of their product family.
Samsonite already has many different brands and they are separate from the regular Samsonite brand. From a quality standpoint, it will be nice that they are keeping them separate but from a deal-perspective, I wish it would be brought under Samsonsite for purchasing (like this deal combination last year). Tumi is currently my go-to bag for all of my trips and I absolutely love the functionality and quality of the bag. Hopefully, that will continue.
What do you think about this acquisition? Have you owned Tumi?
Editorial Note - Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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