Yes, Samsonite International S.A. acquired Tumi Holdings, Inc. in a landmark deal that was finalized in late 2016. The all-cash transaction was valued at approximately $1.8 billion. This acquisition allowed Samsonite—the world's largest travel luggage company—to enter the "premium" business and lifestyle market where Tumi was the dominant leader. By 2026, the two brands have successfully integrated their global supply chains while maintaining distinct brand identities; Tumi continues to focus on its high-end, "ballistic nylon" business aesthetic, while Samsonite maintains its broad appeal across various price points. For 2026 consumers, this merger means that Tumi products now benefit from Samsonite’s massive global service network, allowing for easier warranty repairs in hundreds of countries, though the pricing for Tumi remains firmly in the luxury bracket, untouched by Samsonite’s more "mass-market" influence.