Divestiture • Apparel/Textiles

Galaxy International Acquires And 1

On October 26, 2011, Galaxy International acquired apparel/textiles company And 1 from Caleres for 55M USD

Acquisition Context
  • This is Galaxy International’s 1st transaction in the Apparel/Textiles sector.
  • This is Galaxy International’s largest (disclosed) transaction.
  • This is Galaxy International’s 1st transaction in the United States.
  • This is Galaxy International’s 1st transaction in Arkansas.

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M&A Deal Summary

Date October 26, 2011
Target And 1
Sector Apparel/Textiles
Buyer(s) Galaxy International
Sellers(s) Caleres
Deal Type Divestiture
Deal Value 55M USD

Target Company

And 1

Aliso Vejo, Arkansas, United States
And 1 designs, markets and distributes a full line of basketball shorts, shirts, shoes and outerwear to specialty sporting goods retailers and department stores.
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Buyer Overview 1

Buyer

Galaxy International

Pelham,, New York, United States

Category Company
Founded 2001
Sector Business Services
DESCRIPTION

Galaxy International LLC is a New York-based brand acquisition and development firm recently founded by a team of industry veterans. The company was formed to acquire brands and other intellectual property in the apparel, footwear and accessory markets, which have broad, global, consumer appeal.


Deal Context for Buyer #
Overall 1 of 1
Sector: Apparel/Textiles 1 of 1
Type: Divestiture 1 of 1
State: Arkansas 1 of 1
Country: United States 1 of 1
Year: 2011 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 1

SELLER

Caleres

St. Louis, Missouri, United States

Category Company
Founded 1878
Sector Retail
Employees4,800
Revenue 2.7B USD (2025)
DESCRIPTION

Caleres originally founded as Brown Shoe Company, Inc., is a global footwear retailer and wholesale. Caleres operates retail shoe stores and e-commerce websites as well as designs, sources and markets footwear for women and men. Caleres was incorporated in 1878 and is based in St. Louis, Missouri.


Deal Context for Seller #
Overall 1 of 3
Sector: Apparel/Textiles 1 of 3
Type: Divestiture 1 of 3
State: Arkansas 1 of 1
Country: United States 1 of 3
Year: 2011 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-17 And 1

Aliso Vejo, Arkansas, United States

And 1 designs, markets and distributes a full line of basketball shorts, shirts, shoes and outerwear to specialty sporting goods retailers and department stores.

Buy $145M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-10 The Jones - Sam & Libby Brand

United States

The Jones - Sam & Libby Brand, comprises footwear brands.

Buy -