M&A  January 15, 2020

Dunbars sell back Sea to Summit distributorship 

BOULDER — Shelley and Andrew Dunbar, Boulder locals who have held North American distribution rights for Australian outdoor product maker Sea to Summit for more than two decades, have sold those rights back to Sea to Summit Inc. for an undisclosed sum.

The deal, which is expected to close in April, will not impact Sea to Summit’s roughly 50 employees in the Boulder area, according to a company news release. The local North American distribution headquarters will not be moved.

When the acquisition is finalized “Sea to Summit plans to fully integrate the North American team and operations into the company’s global brand strategy, facilitating direct collaboration and leveraging synergies between the North American office and the global headquarters in Perth,” the release said. 

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Former Sea to Summit North American sales director Josh Simpson will lead the transition team and will become the firm’s North American general manager.

“We’re incredibly proud of what we’ve achieved with Sea to Summit in North America,” Andrew Dunbar, who along with Shelley has owned Boulder retailer Neptune Mountaineering since 2017, said in a prepared statement. “We are immensely grateful to the many retailers that trusted and supported us, and none of this could have happened without our talented and hard-working staff who’ve been key to our success over the years. We’re pleased that we could reach an agreement with Sea to Summit that ensures the team and operations we have built will be well supported into the future.”

 

BOULDER — Shelley and Andrew Dunbar, Boulder locals who have held North American distribution rights for Australian outdoor product maker Sea to Summit for more than two decades, have sold those rights back to Sea to Summit Inc. for an undisclosed sum.

The deal, which is expected to close in April, will not impact Sea to Summit’s roughly 50 employees in the Boulder area, according to a company news release. The local North American distribution headquarters will not be moved.

When the acquisition is finalized “Sea to Summit plans to fully integrate the…

Ken Amundson
Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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