M&A Deal Summary

Li & Fung Acquires Silvereed Group

On February 18, 2008, Li & Fung acquired apparel/textiles company Silvereed Group

Acquisition Highlights
  • This is Li & Fung’s 8th transaction in the Apparel/Textiles sector.
  • This is Li & Fung’s 5th transaction in China.

M&A Deal Summary
Date 2008-02-18
Target Silvereed Group
Sector Apparel/Textiles
Buyer(s) Li & Fung
Deal Type Add-on Acquisition

Target

Silvereed Group

Kowloon Bay, China
Silvereed Group a virtual manufacturer with focus on design and product development of ladies fashion garments.

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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 12 of 30
Sector (Apparel/Textiles) 8 of 18
Type (Add-on Acquisition) 9 of 27
Country (China) 5 of 13
Year (2008) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-15 Regatta USA

New York, New York, United States

Regatta is a apparel and brand management company offering proprietary brands and private label products. It designs, sources, and markets such prominent apparel brands as Daisy Fuentes, Simply Vera by Vera Wang, Nicole Miller and other proprietary label brands for major retailers. The company serves such retailers as Kohl’s, Wal-Mart, J.C. Penney and Charming Shoppes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-01 RT Sourcing Asia

Quarry Bay, China

RT Sourcing Asia Ltd enages in International sourcing, product design and development company in Hong Kong

Buy -
Mergr

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