M&A Deal Summary

Loew-Cornell Acquires Innovo

On May 17, 2005, Loew-Cornell acquired apparel/textiles company Innovo

Acquisition Highlights
  • This is Loew-Cornell’s 1st transaction in the Apparel/Textiles sector.
  • This is Loew-Cornell’s 1st transaction in the United States.
  • This is Loew-Cornell’s 1st transaction in Texas.

M&A Deal Summary

Date 2005-05-17
Target Innovo
Sector Apparel/Textiles
Buyer(s) Loew-Cornell
Deal Type Add-on Acquisition

Target

Innovo

Knoxville, Texas, United States
Innovo, Inc. is a provider of backpacks and aprons.

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Buyer(S) 1

Buyer

Loew-Cornell

Erlanger, Kentucky, United States

Category Company
Sector Business Services
DESCRIPTION

Loew-Cornell is proud to be a respected leader in the art and craft supply market. Our portfolio of well-recognized brands includes Loew-Cornell®, Woodsies®, American Painter®, Totally You, Arttec®, Contemporary Crafts® and Simply Art™.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1