Rocky Brands Divests NEOS Overshoe Brand


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  • Rocky Brands Inc (NASDAQ:RCKYhas sold NEOS Overshoe to SureWerx, a global manufacturer of safety, tool & equipment products. The financial terms of the deal were not disclosed.
  • The company acquired NEOS Overshoe in March 2021 when it purchased the performance and lifestyle footwear business from Honeywell International Inc. (NASDAQ:HON).
  • NEOS Overshoe has been designing and manufacturing premium overshoes built to protect workers and consumers from the elements since 1993. 
  • In June, RCKY completed a cost savings review and identified several measures to better position for profitable growth.
  • Price Action: RCKY shares are trading higher by 3.76% at $20.81 on the last check Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: M&ANewsGeneralBriefs