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M&A Deal Summary

Saadia Group Acquires Aquatalia

On September 22, 2021, Saadia Group acquired apparel/textiles company Aquatalia from Global Brands Group

Acquisition Highlights
  • This is Saadia Group’s 1st transaction in the Apparel/Textiles sector.
  • This is Saadia Group’s 2nd transaction in the United States.
  • This is Saadia Group’s 1st transaction in North Carolina.
Investment Fate
  • Aquatalia was divested to a consortium of strategic buyers in 2024.

M&A Deal Summary
Date 2021-09-22
Target Aquatalia
Sector Apparel/Textiles
Buyer(s) Saadia Group
Sellers(s) Global Brands Group
Deal Type Divestiture

Target

Aquatalia

Greensboro, North Carolina, United States
Aquatalia is an operator of the fashion label offers the finest combination of fashion, quality and comfort in luxury footwear and is the first to mix distinctive Italian design with innovative weatherproof and stain-resistant technology. Aquatalia was founded in 1994 and is based in Greensboro, North Carolina.

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Buyer(S) 1

Buyer

Saadia Group

New York, New York, United States
Category Company
Sector Business Services
DESCRIPTION

Saadia Group is focused on growing the business of the e-Commerce apparel sector based in New York, New York.

DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-02 RTW Retailwinds

New York, New York, United States

RTW Retailwinds is a specialty retailer of women's wear-to-work and weekend casual apparel and accessories. RTW Retailwinds is based in New York, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-11 Aquatalia

Greensboro, North Carolina, United States

Aquatalia is an operator of the fashion label offers the finest combination of fashion, quality and comfort in luxury footwear and is the first to mix distinctive Italian design with innovative weatherproof and stain-resistant technology. Aquatalia was founded in 1994 and is based in Greensboro, North Carolina.

Sell -

Seller(S) 1

SELLER

Global Brands Group

Hong Kong, China
Category Company
Founded 2005
Sector Apparel/Textiles
Employees1,415
Revenue 1.1B USD (2020)
DESCRIPTION

Global Brands Group is a major branded fashion accessories, footwear and apparel in Hongkong. Company have a broad portfolio of great brands such as Calvin Klein, Under Armour, Juicy Couture, Frye, Cole Haan, Quiksilver, Spyder and many more. Global Brands Group was founded in 2005 and is based in Hong Kong, China.

DEAL STATS #
Overall 3 of 3
Sector: Apparel/Textiles M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-27 Global Brands Group Holding - North American Division

China

Global Brands Group Holding Ltd. - North American Division comprised of licensed brands such as Disney, Star Wars, Calvin Klein, Under Armour, Tommy Hilfiger, BCBG, bebe, Joe’s, Buffalo David Bitton, Frye, Michael Kors, Cole Haan and Kenneth Cole.

Sell $1.4B
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