M&A Deal Summary

7days Acquires Praxis Herning A/S

On December 17, 2018, 7days acquired apparel/textiles company Praxis Herning A/S

Acquisition Highlights
  • This is 7days’ 1st transaction in the Apparel/Textiles sector.
  • This is 7days’ 1st transaction in Denmark.

M&A Deal Summary

Date 2018-12-17
Target Praxis Herning A/S
Sector Apparel/Textiles
Buyer(s) 7days
Deal Type Add-on Acquisition

Target

Praxis Herning A/S

Herning, Denmark
Praxis Herning A/S specializes in designing, producing and selling clothing for medical professionals. Its product portfolio of scrubs includes tunics, polo shirts, trousers, and shoes. Besides Denmark, Praxis primarily serves customers based in the rest of the Nordic region (Sweden, Norway, Iceland, and Finland).

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Buyer(S) 1

Buyer

7days

Lotte, Germany

Category Company
Founded 1999
Sector Apparel/Textiles
DESCRIPTION

7days is a supplier of modern and innovative workwear for medical professions. 7days designs, produces and distributes a wide range of high-quality workwear, from tunics to lab coats, for more than 300,000 customers in the healthcare sector in twelve countries, including Germany, Austria, Switzerland, France, Belgium, the Netherlands and Scandinavia. 7days has a vertically integrated business model with diversified supply chains and distributes its products through a fully integrated multi-channel distribution platform, including both catalog marketing and e-commerce channels. 7days was founded in 1999 and is based in Lotte, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2018 M&A 1 of 1