M&A Deal Summary

PVH Acquires Gazal

On February 20, 2019, PVH acquired apparel/textiles company Gazal for 124M AUD

Acquisition Highlights
  • This is PVH’s 9th transaction in the Apparel/Textiles sector.
  • This is PVH’s 4th largest (disclosed) transaction.
  • This is PVH’s 1st transaction in Australia.

M&A Deal Summary
Date 2019-02-20
Target Gazal
Sector Apparel/Textiles
Buyer(s) PVH
Deal Type Add-on Acquisition
Deal Value 124M AUD

Target

Gazal

Banksmeadow, Australia
Gazal Corporation Ltd. is an apparel provider of casual wear, men's business shirts, intimate apparel and schoolwear sold under such brand names as Van Heusen, Calvin Klein, Body Nancy Ganz, Bisley, Midford and Bracks. Gazal Corporation was founded in 1958 and is based in Banksmeadow, Australia.

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Buyer(S) 1

Buyer

PVH

New York, New York, United States
Category Company
Founded 1881
Sector Apparel/Textiles
Employees17,000
Revenue 9.2B USD (2024)
DESCRIPTION

PVH is a manufacturer, marketer, licensor, and retailer of globally recognized apparel brands such as Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, Arrow, Speedo, Warner's, Olga, Geoffrey Beene, and True&Co. PVH was founded in 1881 and is based in New York City.

DEAL STATS #
Overall 10 of 10
Sector (Apparel/Textiles) 9 of 9
Type (Add-on Acquisition) 9 of 9
Country (Australia) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 True&

San Francisco, California, United States

a direct-to-consumer intimate apparel e-commerce retailer. True&Co. provides a unique lingerie e-commerce experience. Founded in 2012 by Michelle Lam, based in San Francisco and designed in New York City, True&Co. originated the online Fit Quiz that transformed the way women shop online by matching recommendations far beyond typical measurements. Leveraging more than 130 million data points for over five million women to date, the company provides a uniquely personalized customer experience with great product.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-09 PVH - Speedo North America Business

London, United Kingdom

PVH Corp.'s Speedo North America Business is a provider of performance swimwear brand in London, United Kingdom.

Sell -
Mergr

Product

Company

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