 Bernard Wicht, owner of Alpine Accoutrements, had been the main manufacturer for ALP Sports but continued to manufacture for Kathmandu and also partnered with Penny Hazard to set up the Bivouac chain of stores in New Zealand.In 1992 Kathmandu, having established a strong operation in Australia (with stores in Sydney, Melbourne, Brisbane and Canberra) re-entered the New Zealand retail marketplace, purchasing Alps Sports from its receivers and brought Bernard Wicht in as the third shareholder joining the two existing shareholders John Pawson and Jan Cameron.The company was in 2006 fully acquired by an Australasian private equity company for NZ$275 million, after Cameron had previously sold the other half of her business.