M&A Deal Summary

Levi Strauss & Co. Acquires Brittania Sportswear

On January 1, 1987, Levi Strauss & Co. acquired apparel/textiles company Brittania Sportswear

Acquisition Highlights
  • This is Levi Strauss & Co.’s 1st transaction in the Apparel/Textiles sector.
  • This is Levi Strauss & Co.’s 1st transaction in the United States.
  • This is Levi Strauss & Co.’s 1st transaction in Pennsylvania.
Investment Fate
  • Brittania Sportswear was divested to a consortium of strategic buyers in 1997.

M&A Deal Summary

Date 1987-01-01
Target Brittania Sportswear
Sector Apparel/Textiles
Buyer(s) Levi Strauss & Co.
Deal Type Special Situations/Distressed

Target

Brittania Sportswear

Wyomissing, Pennsylvania, United States
Brittania Sportswear Ltd. is a designer and marketer of blue jeans. The Company was formed in 1973.

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Buyer(S) 1

Buyer

Levi Strauss & Co.

San Francisco, California, United States

Category Company
Founded 1853
Sector Apparel/Textiles
Employees1,500
Revenue 4.6B USD (2012)
DESCRIPTION

Levi Strauss & Co. is a designer and marketer of jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women and children. The Company's products are sold in more than 100 countries and its business is grouped into three geographic regions: Americas, Europe and Asia Pacific. Levi Strauss & Co. was founded in 1853 and is headquartered in San Francisco, California.


DEAL STATS #
Overall 1 of 3
Sector: Apparel/Textiles M&A 1 of 2
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 3
Year: 1987 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-10-06 Custom Clothing Technology

Newton, Massachusetts, United States

Custom Clothing Technology Corporation is a software company that creates technology for custom-fit blue jeans for women.

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