M&A Deal Summary

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 Highlights
  • 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.

M&A Deal Summary
Date 1993-11-07
Target Dexter Shoe Company
Sector Apparel/Textiles
Buyer(s) H.H. Brown Shoe Company
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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.

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