Add-on Acquisition • Apparel/Textiles

H.H. Brown Shoe Company Acquires Dexter Shoe Company

On November 7, 1993, H.H. Brown Shoe Company acquired apparel/textiles company Dexter Shoe Company

Acquisition Context

This is H.H. Brown Shoe Company’s 2nd transaction in the Apparel/Textiles sector.
This is H.H. Brown Shoe Company’s 2nd transaction in the United States.
This is H.H. Brown Shoe Company’s 1st transaction in Maine.

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M&A Deal Summary
Date	November 7, 1993
Target	Dexter Shoe Company
Sector	Apparel/Textiles
Buyer(s)	H.H. Brown Shoe Company
Deal Type	Add-on Acquisition

Target Company

Dexter Shoe Company

Dexter, Maine, United States

Dexter manufactures and markets men's and women's casual footwear. All products aremanufactured and sold under the trademark Dexter. The Company specializes in the construction of Handsewns, Welts and Cements. Dexter has manufacturing facilities in Maine and in Puerto Rico.

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Buyer Overview 1

Buyer

H.H. Brown Shoe Company

Greenwich, Connecticut, United States

Category	Company
Founded	1883
Sector	Apparel/Textiles

DESCRIPTION

H.H. Brown manufactures and distributes casual, work, and dress shoes and boots under more than a dozen brands, including Bøc, Børn, Carolina, Corcoran, Dexter, Double-H, Kork-Ease, Matterhorn, Nurse Mates, Söfft, and Softspots.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Apparel/Textiles	2 of 2
Type: Add-on Acquisition	2 of 2
State: Maine	1 of 1
Country: United States	2 of 2
Year: 1993	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
1992-12-31	Sofft Shoe Company Andover, Massachusetts, United States Sofft Shoe Company Inc. manufactures and markets women's casual, service and nurses footwear. They market these products under the brand names Soft Spots, Day Lights and Nurse Mates.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

1992-12-31

Sofft Shoe Company

Andover, Massachusetts, United States

Sofft Shoe Company Inc. manufactures and markets women's casual, service and nurses footwear. They market these products under the brand names Soft Spots, Day Lights and Nurse Mates.

Buy

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Apparel/Textiles M&A - Add-on Acquisition M&A Deals - Maine M&A - United States M&A