The American Companies That Aren’t Actually American Anymore

Samsonite

Samsonite is an American luggage company that was founded in 1910. Since then, it has been supplying Americans with luggage and has quite a reputation for having good quality products. The company was doing well for many years until it eventually filed for chapter 11 bankruptcy. CVC Capital Partners, a Belgian-based company, purchased Samsonite for $1.7 billion in 2007.

Samsonite is an American luggage company that was founded in 1910. Since then, it has been supplying Americans with luggage and has quite a reputation for having good quality products. The company was doing well for many years until it eventually filed for chapter 11 bankruptcy. CVC Capital Partners, a Belgian-based company, purchased Samsonite for $1.7 billion in 2007.

Samsonite stores are all over the world, and that is thanks to the new foreign owners of the company. There have been many American companies that have come and gone, so it is good to see some American companies still around even though they aren’t American-owned.