Columbia Buys Montrail

Portland, Ore.–based Columbia Sportswear Company purchased Seattlebased outdoor footwear label Montrail Inc. for $15 million in cash, plus the assumption of certain liabilities. Columbia’s vice president of footwear, Brad Gebhard, will add Montrail to his responsibilities, which also include the Columbia and Sorel footwear brands. Montrail President Scott Tucker will continue on with the company as general manager of the Montrail brand.