Divestiture • Apparel/Textiles

Delta Galil Acquires Chantelle - Passionata Brand

On November 14, 2023, Delta Galil acquired apparel/textiles company Chantelle - Passionata Brand from Chantelle

Acquisition Context
  • This is Delta Galil’s 10th transaction in the Apparel/Textiles sector.
  • This is Delta Galil’s 2nd transaction in France.

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M&A Deal Summary

Date November 14, 2023
Target Chantelle - Passionata Brand
Sector Apparel/Textiles
Buyer(s) Delta Galil
Sellers(s) Chantelle
Deal Type Divestiture

Target Company

Chantelle - Passionata Brand

Cachan, France
Chantelle's Passionata Brand provides lingerie of cool sexy style and high quality, at affordable prices.
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Buyer Overview 1

Buyer

Delta Galil

Caesarea, Israel

Category Company
Founded 1961
Sector Apparel/Textiles
Employees25,510
Revenue 2.0B USD (2024)
DESCRIPTION

Delta Galil is a global manufacturer and marketer of branded and private label apparel products for men, women, and children. Delta Galil was founded in 1961 and is headquartered in Caesarea, Israel.


Deal Context for Buyer #
Overall 12 of 12
Sector: Apparel/Textiles 10 of 10
Type: Divestiture 6 of 6
Country: France 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 Bare Necessities

Edison, New Jersey, United States

BareWeb, Inc. is an intimates online retailer. Bare Necessities today offers more than 160 brands and 6,400 styles in intimates, women’s swimwear, shapewear, sexy lingerie, sleepwear, and hosiery, among others.

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Seller Profile 1

SELLER

Chantelle

Cachan, France

Category Company
Founded 1876
Sector Apparel/Textiles
Employees6,200
DESCRIPTION

Chantelle produces various lingerie brands on an international scale. Chantelle was founded in 1876 and is based in Cachan, France.


Deal Context for Seller #
Overall 1 of 1
Sector: Apparel/Textiles 1 of 1
Type: Divestiture 1 of 1
Country: France 1 of 1
Year: 2023 1 of 1

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