Investor now owns 6 percent of Columbia Sportswear

Investor now owns 6 percent of Columbia Sportswear

New York-based investment management company Royce & Associates has been Columbia Sportswear's largest investor for five years.

 

But late last year, Royce, which manages three mutual funds, tipped the scales into a new status as a heavy investor in the Washington County-based sports footwear, apparel and equipment company. 
Royce increased its investment to the point that its roughly 2.1 million shares of Columbia represented a nearly 6.2 percent ownership stake in the company.

Read more at OregonLive.com.

{biztweet}columbia royce{/biztweet}