M&A Deal Summary

Delta Galil Acquires Schiesser AG

On May 2, 2012, Delta Galil acquired apparel/textiles company Schiesser AG for 68M EUR

Acquisition Highlights
  • This is Delta Galil’s 2nd transaction in the Apparel/Textiles sector.
  • This is Delta Galil’s 2nd largest (disclosed) transaction.
  • This is Delta Galil’s 1st transaction in Germany.

M&A Deal Summary

Date 2012-05-02
Target Schiesser AG
Sector Apparel/Textiles
Buyer(s) Delta Galil
Deal Type Add-on Acquisition
Deal Value 68M EUR

Target

Schiesser AG

Radolfzell, Germany
Schiesser AG is an underwear manufacturer and marketer in Germany and holds the top market share in the men’s segment and solid shares in the women’s and children’s segments. By category, Schiesser’s sales consist of approximately 60% Men’s, 25% Women’s and 15% Children’s. Its products are primarily sold under the Schiesser brand, as well as Schiesser-Uncover, a youth-oriented line, and Schiesser-Revival, a trendy retro collection. Retail channels include department stores, specialty stores, and increasingly company-owned retail stores.

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Buyer(S) 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 STATS #
Overall 2 of 12
Sector: Apparel/Textiles M&A 2 of 10
Type: Add-on Acquisition M&A Deals 1 of 6
Country: Germany M&A 1 of 1
Year: 2012 M&A 1 of 2
Size (of disclosed) 2 of 2
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-10 Miss Matched

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