Divestiture • Apparel/Textiles

Paramount Apparel International Acquires Oarsman Sportswear

On January 1, 2001, Paramount Apparel International acquired apparel/textiles company Oarsman Sportswear from Hartwell Apparel

Acquisition Context
  • This is Paramount Apparel International’s 1st transaction in the Apparel/Textiles sector.
  • This is Paramount Apparel International’s 1st transaction in the United States.

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M&A Deal Summary

Date January 1, 2001
Target Oarsman Sportswear
Sector Apparel/Textiles
Buyer(s) Paramount Apparel International
Sellers(s) Hartwell Apparel
Deal Type Divestiture

Target Company

Oarsman Sportswear

United States
Oarsman Sportswear is a supplier of decorated apparel to the military, college and corporate markets.
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Buyer Overview 1

Buyer

Paramount Apparel International

Bourbon, Missouri, United States

Category Company
Founded 1929
Sector Apparel/Textiles
DESCRIPTION

Paramount Apparel International, Inc. designs, manufactures, and distributes apparel, accessories, and headwear products.


Deal Context for Buyer #
Overall 1 of 2
Sector: Apparel/Textiles 1 of 2
Type: Divestiture 1 of 1
Country: United States 1 of 2
Year: 2001 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-04 Imperial Headwear

Bourbon, Missouri, United States

Imperial Headwear, Inc. is a manufacturer of golf headwear located in Denver, Colorado, selling high-quality baseball caps, visors, bucket hats and straw hats to top “green grass” accounts and resorts.

Buy -

Seller Profile 1

SELLER

Hartwell Apparel

Hartwell, Georgia, United States

Category Company
Founded 1939
Sector Apparel/Textiles
DESCRIPTION

Hartwell Apparel is a manufacturer, distributor and decorator of customizable promotional apparel & corporate uniforms. Hartwell Apparel was founded in 1939 and is based in Hartwell, Georgia.


Deal Context for Seller #
Overall 1 of 1
Sector: Apparel/Textiles 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2001 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-11-30 Katzenberg Brothers

Baltimore, Maryland, United States

Katzenberg is a manufacturer of customized physical education and team sports jerseys and shorts.

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