M&A Deal Summary |
|
|---|---|
| Date | 1996-11-01 |
| Target | Fruit of the Loom’s Hosiery Division |
| Sector | Apparel/Textiles |
| Buyer(s) | Renfro Brands |
| Sellers(s) | Fruit of the Loom |
| Deal Type | Divestiture |
| Deal Value | 95M USD |
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| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Apparel/Textiles |
Renfro Brands is a global manufacturer, designer, distributor, and marketer of legwear products. The Company provides a full line of branded and private label legwear products and is the licensee for leading brands such as Fruit of the Loom, Dr. Scholl’s, Polo/Ralph Lauren, Chaps, Carhartt, Russell, New Balance, Keds, Sperry, Vera Bradley, and Merrell. We also design, manufacture, market, and distribute our owned brands including K. Bell, Copper Sole, and Hot Sox. Renfro Brands was founded in 1921 and is based in Mount Airy, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Apparel/Textiles) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (1996) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-17 |
The Hot Sox Company
New York, New York, United States The Hot Sox Company, Incorporated designs and manufactures hosiery for men, women, and children worldwide. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1851 |
| Sector | Apparel/Textiles |
Fruit of the Loom is a leading international vertically integrated basic apparel company, emphasizing branded products for consumers of all ages. The Company is one of the world’s largest manufacturers and marketers of men’s and boys’ underwear, women’s and girls’ underwear, printable T-shirts and fleece for the activewear industry, casualwear and childrenswear. Fruit of the Loom employs approximately 23,000 people in over 50 locations worldwide
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Apparel/Textiles) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (1996) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1994-04-01 |
The Gitano Group
New York, New York, United States The Gitano Group, Inc., a manufacturer of denim and casual apparel distributed through the mass channel. |
Buy | $100M |
