M&A Deal Summary

Li & Fung Acquires Rosetti Handbags and Accessories

On July 9, 2006, Li & Fung acquired apparel/textiles company Rosetti Handbags and Accessories for 162M USD

Acquisition Highlights
  • This is Li & Fung’s 5th transaction in the Apparel/Textiles sector.
  • This is Li & Fung’s 4th largest (disclosed) transaction.
  • This is Li & Fung’s 3rd transaction in the United States.
  • This is Li & Fung’s 2nd transaction in New York.

M&A Deal Summary

Date 2006-07-09
Target Rosetti Handbags and Accessories
Sector Apparel/Textiles
Buyer(s) Li & Fung
Deal Type Add-on Acquisition
Deal Value 162M USD

Target

Rosetti Handbags and Accessories

New York, New York, United States
website
Rosetti has been creating stylish handbags for customers who love exciting fashion and great value. Designer qualities like contrasting top-stitching, polished hardware and runway-inspired styles appeal to women who are shopping for classics with a fashion-forward twist that will instantly update their wardrobe.

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Buyer(S) 1

Buyer

Li & Fung

Kowloon, China

website


Category Company
Founded 1906
Sector Transportation
Revenue 11.4B USD (2019)
DESCRIPTION

Li & Fung is an integrated logistics company working to connect and simplify its customers’ supply chains. Li & Fung was formed in 1906 and is based in Kowloon, China.


DEAL STATS #
Overall 8 of 30
Sector (Apparel/Textiles) 5 of 18
Type (Add-on Acquisition) 6 of 27
State (New York) 2 of 4
Country (United States) 3 of 8
Year (2006) 1 of 1
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-21 Ralsey Group

New York, New York, United States

Ralsey Group is a private label knitwear/sportswear company offering a diversified product line of women’s, kids’ and teens’ ready-to-wear apparel for specialty retailers and mass merchants in the United States and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-15 CGroup HK

Aberdeen,, China

CGroup is one of the premier companies in the global health, beauty and cosmetic (HBC) supply chain business.CGroup co-ordinates and manages the supply of HBC products to premier cosmetics brands and retailers globally.

Buy $120M