M&A Deal Summary

Hanes Acquires Industrias Duraflex S.A. de C.V.

On August 30, 2007, Hanes acquired apparel/textiles company Industrias Duraflex S.A. de C.V.

Acquisition Highlights
  • This is Hanes’ 1st transaction in the Apparel/Textiles sector.
  • This is Hanes’ 1st transaction in El Salvador.

M&A Deal Summary
Date 2007-08-30
Target Industrias Duraflex S.A. de C.V.
Sector Apparel/Textiles
Buyer(s) Hanes
Deal Type Add-on Acquisition

Target

Industrias Duraflex S.A. de C.V.

San Salvador, El Salvador
Industrias Duraflex S.A. de C.V. is a manufacturer and distributor of cotton fabrics for the textile clothing industry.

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Buyer(S) 1

Buyer

Hanes

Winston-Salem, North Carolina, United States
Category Company
Founded 1901
Sector Apparel/Textiles
Employees50,000
Revenue 5.6B USD (2023)
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 1 of 9
Sector (Apparel/Textiles) 1 of 7
Type (Add-on Acquisition) 1 of 9
Country (El Salvador) 1 of 1
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Gear For Sports

Lenexa, Kansas, United States

Gear For Sports, Inc. is a seller of licensed logo apparel in collegiate bookstores and other channels.

Buy $55M
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