Stake Purchase • Apparel/Textiles

American & Efird Invests In Huamei Thread Company

On April 21, 2015, American & Efird invested in apparel/textiles company Huamei Thread Company

Investment Context
  • This is American & Efird’s 2nd transaction in the Apparel/Textiles sector.
  • This is American & Efird’s 1st transaction in China.

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Investment Summary

Date April 21, 2015
Target Huamei Thread Company
Sector Apparel/Textiles
Investor(s) American & Efird
Deal Type Stake Purchase

Target Company

Huamei Thread Company

Ningbo, China
Huamei Thread Company Limited is a joint venture of American & Efird LLC and Ningbo Veken Elite Group Co.,Ltd.
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Investor Overview 1

Investor

American & Efird

Mount Holly, North Carolina, United States

Category Company
Founded 1891
Sector Apparel/Textiles
DESCRIPTION

American & Efird is a manufacturer and distributor of premium quality industrial and consumer sewing thread, embroidery thread and technical textiles. Producers of apparel, automotive components, home furnishings, medical supplies, footwear and a diverse range of industrial products rely on A&E industrial sewing thread to manufacture their products. Customers select A&E as the preferred choice for industrial sewing thread, embroidery thread and technical textiles because of A&E’s dedication to providing its customers with the finest products and services, at the highest quality, delivered globally. Through its global network, A&E’s products are manufactured in 21 countries, distributed in 50 countries and sold in over 100 countries.


Deal Context for Investor #
Overall 2 of 3
Sector: Apparel/Textiles 2 of 3
Type: Stake Purchase 1 of 2
Country: China 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-16 Gütermann

Gutach-Breisgau, Germany

Gütermann GmbH is a manufacturer and distributor of premium, high-quality sewing thread products for consumer and industrial applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-09 Vardhman Yarns & Threads

New Delhi, India

Vardhman Yarns & Threads Ltd. is a manufacturer and distributor of premium quality industrial and consumer sewing thread.

Buy -