M&A Deal Summary

Hanes Acquires Champion Europe

On April 7, 2016, Hanes acquired apparel/textiles company Champion Europe

Acquisition Highlights
  • This is Hanes’ 6th transaction in the Apparel/Textiles sector.
  • This is Hanes’ 1st transaction in Italy.

M&A Deal Summary

Date 2016-04-07
Target Champion Europe
Sector Apparel/Textiles
Buyer(s) Hanes
Deal Type Add-on Acquisition
Advisor(s) Stifel (Financial)
Gianni & Origoni (Legal)

Target

Champion Europe

Carpi, Italy
Champion Europe S.p.A designs, sources and sells champion athletic apparel wholesale to retailers and directly to consumers via company-owned retail stores.

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Buyer(S) 1

Buyer

Hanes

Winston-Salem, North Carolina, United States

Category Company
Founded 1901
Sector Apparel/Textiles
Revenue 3.5B USD (2024)
DESCRIPTION
Entrance to Hanesbrands' corporate headquarters in Winston-Salem, North Carolina.
Entrance to Hanesbrands' corporate headquarters in Winston-Salem, North Carolina.

Hanes is a consumer goods company with a portfolio of apparel brands, including Hanes, Champion, C9 by Champion, Bali, Playtex, Just My Size, L’eggs, barely there, Wonderbra, Gear for Sports, Zorba, Sol y Oro and Rinbros. Hanes was founded in 1901 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 6 of 9
Sector: Apparel/Textiles M&A 6 of 7
Type: Add-on Acquisition M&A Deals 6 of 9
Country: Italy M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 Knights Apparel

Spartanburg, South Carolina, United States

Knights Apparel, Inc. is a designer and supplier of licensed sports apparel. Knights is a licensee for colleges and universities, professional leagues, and professional teams, often under arrangements providing some level of exclusivity. Knights’ products include apparel across a number of categories, including t-shirts, fleeces and sweatshirts, and shorts for men, women, and infant/toddler consumers. Its products are sold to big box retailers, specialty sporting goods stores and bookstores.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-27 Pacific Brands

Richmond, Australia

Pacific Brands is a provider in underwear, footwear, and sports equipment predominantly sourced from China, and bedding manufactured in Australia. Well known brands include Bonds, Berier, Holeproof, Grosby, Clarks, Malvern Star, Dunlop and Slazenger.

Buy $800M