Add-on Acquisition • Distribution

Hwaseung Networks America Acquires Selim Textile

On November 10, 2010, Hwaseung Networks America acquired distribution company Selim Textile

Acquisition Context

This is Hwaseung Networks America’s 1st transaction in the Distribution sector.
This is Hwaseung Networks America’s 1st transaction in the United States.
This is Hwaseung Networks America’s 1st transaction in California.

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M&A Deal Summary
Date	November 10, 2010
Target	Selim Textile
Sector	Distribution
Buyer(s)	Hwaseung Networks America
Deal Type	Add-on Acquisition

Target Company

Selim Textile

Los Angeles, California, United States

Selim Textile, Inc. is a distributor of textile goods.

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Buyer Overview 1

Buyer

Hwaseung Networks America

New York, New York, United States

Category	Company
Sector	Distribution

DESCRIPTION

Hwaseung Networks America Corp. is a wholesale textile converting company.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Distribution	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2010	1 of 1

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