M&A Deal Summary

Mainland Headwear Holdings Acquires H3 Sportgear

On August 19, 2011, Mainland Headwear Holdings acquired apparel/textiles company H3 Sportgear

Acquisition Highlights
  • This is Mainland Headwear Holdings’ 1st transaction in the Apparel/Textiles sector.
  • This is Mainland Headwear Holdings’ 1st transaction in the United States.
  • This is Mainland Headwear Holdings’ 1st transaction in Indiana.

M&A Deal Summary

Date 2011-08-19
Target H3 Sportgear
Sector Apparel/Textiles
Buyer(s) Mainland Headwear Holdings
Deal Type Add-on Acquisition

Target

H3 Sportgear

Indianapolis, Indiana, United States
website
H3 Sportgear is a provider of licensed and custom headwear, apparel and accessories to the corporate and retail markets.

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Buyer(S) 1

Buyer

Mainland Headwear Holdings

Hong Kong, China

website


Category Company
Founded 1986
Sector Manufacturing
Employees7,845
Revenue 1.6B HKD (2021)
DESCRIPTION

Mainland Headwear Holdings is a headwear manufacturer in the world, mainly engaging in the design, manufacture and retail of quality casual headwear. Headquartered in Hong Kong, with factories in Shenzhen and Panyu, PRC, and Bangladesh, the Group manufactures a wide range of licensed casual headwear products, which are principally sold in overseas countries with the US as the main market, followed by European market. Mainland Headwear Holdings was founded in 1986 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 2
Sector (Apparel/Textiles) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Indiana) 1 of 1
Country (United States) 1 of 2
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-28 San Diego Hat

Carlasbad, California, United States

San Diego Hat company is a designer, importer and marketer of women’s, men’s and kid’s hats and other accessories.

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