M&A Deal Summary |
|
|---|---|
| Date | 2014-10-17 |
| Target | Scovill Fasteners |
| Sector | Apparel/Textiles |
| Buyer(s) | Morito |
| Sellers(s) | The Gores Group |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Apparel/Textiles |
| Employees | 1,509 |
| Revenue | 48.5B JPY (2024) |
Morito is a provider of apparel fasteners, components for automobiles and cameras, and other niche-manufactured products. Morito Group has specialized in three areas of business, including apparel components for footwear and apparel, transportation equipment materials for automobiles and aircraft, and general parts for various consumer products. Morito combines both manufacturing and distribution functions in order to consistently create new value from a global perspective. Morito was founded in 1908 and is based in Osaka, Japan.
| 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: Georgia M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 67 |
| Sector: Apparel/Textiles M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 19 of 30 |
| State: Georgia M&A | 3 of 5 |
| Country: United States M&A | 35 of 53 |
| Year: 2014 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-09 |
Sage Automotive Interiors
Greenville, South Carolina, United States Sage Automotive Interiors, Inc. is a provider of an automotive bodycloth, including a range of knit and woven technical textiles, to many of the world's leading automobile manufacturers. Sage has global offices and manufacturing locations in the U.S., Brazil, United Kingdom, China, Korea and Japan and has contract manufacturing relationships worldwide. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-01 |
Mexx International BV
Amsterdam, Netherlands Mexx is a retailer and wholesaler of metropolitan casual apparel with a significant presence in several countries in continental Europe and in Canada. Mexx was founded in 1980 and is headquartered in Amsterdam, the Netherlands. |
Sell | - |
