Add-on Acquisition • Apparel/Textiles

Li & Fung Acquires HTP Group

On June 14, 2010, Li & Fung acquired apparel/textiles company HTP Group

Acquisition Context
  • This is Li & Fung’s 13th transaction in the Apparel/Textiles sector.
  • This is Li & Fung’s 9th transaction in China.

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M&A Deal Summary

Date June 14, 2010
Target HTP Group
Sector Apparel/Textiles
Buyer(s) Li & Fung
Deal Type Add-on Acquisition

Target Company

HTP Group

Hong Kong, China
HTP Group a design driven jeanswear specialist. As of June 2010, HTP Group Limited operates as a subsidiary of Li & Fung Limited.
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Buyer Overview 1

Buyer

Li & Fung

Kowloon, China

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 Context for Buyer #
Overall 19 of 30
Sector: Apparel/Textiles 13 of 18
Type: Add-on Acquisition 16 of 27
Country: China 9 of 13
Year: 2010 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-04 Jackel Group

United States

Jackel Group operates in the beauty industry. The Company provides fragrance and personal care products, as well as packaging services worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-31 Kenas Furniture Group

Jiading, China

Kenas Furniture Group a home lifestyle company which designs and manufactures high quality,trend-setting furniture and accessories to provide a complete look for the home.

Buy -