M&A Deal Summary

Renfro Brands Acquires The Hot Sox Company

On May 17, 2007, Renfro Brands acquired manufacturer The Hot Sox Company

Acquisition Highlights
  • This is Renfro Brands’ 1st transaction in the Manufacturing sector.
  • This is Renfro Brands’ 2nd transaction in the United States.
  • This is Renfro Brands’ 1st transaction in New York.

M&A Deal Summary

Date 2007-05-17
Target The Hot Sox Company
Sector Manufacturing
Buyer(s) Renfro Brands
Deal Type Add-on Acquisition
Advisor(s) Consensus (Financial)

Target

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.

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Buyer(S) 1

Buyer

Renfro Brands

Mount Airy, North Carolina, United States

Category Company
Founded 1921
Sector Apparel/Textiles
DESCRIPTION

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 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-11-01 Fruit of the Loom’s Hosiery Division

Bowling Green, Kentucky, United States

Fruit of the Loom’s Hosiery Division.

Buy $95M