The down-under outdoor retail chain agreed to acquire rugged footwear maker Oboz, which has been exclusively sold by Kathmandu in the Australian and New Zealand markets since the brand was founded in 2007. The acquisition will be partially funded with the sale of NZ$48 million ($34 mm) of KMD stock. Oboz will continue to be headquartered in Bozeman, MT, and founder John Connoly will stay on, reporting to Kathmandu CEO Xavier Simonet. It had compound annual sales growth of 40% in CY13-17 and growth of 36.5% in CY16-17, and an additional $15 million earn out is payable if Oboz hits ... Log in to view full article.