M&A Deal Summary

Standard Textile Co. Acquires Mascioni - Global Hospitality Business

On November 5, 2018, Standard Textile Co. acquired apparel/textiles company Mascioni - Global Hospitality Business from Mascioni

Acquisition Highlights
  • This is Standard Textile Co.’s 1st transaction in the Apparel/Textiles sector.
  • This is Standard Textile Co.’s 1st transaction in Italy.

M&A Deal Summary

Date 2018-11-05
Target Mascioni - Global Hospitality Business
Sector Apparel/Textiles
Buyer(s) Standard Textile Co.
Sellers(s) Mascioni
Deal Type Divestiture

Target

Mascioni - Global Hospitality Business

Cuvio, Italy
Mascioni S.P.A. - Global Hospitality Business including the Mascioni Hotel Collection brand. The Mascioni Hotel Collection brand markets bed, bath, table, and spa products to luxury hotel properties worldwide.

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Buyer(S) 1

Buyer

Standard Textile Co.

Cincinnati, Ohio, United States

Category Company
Founded 1940
Sector Apparel/Textiles
DESCRIPTION

Standard Textile Co. Inc. design, manufacturing, and laundry expertise, and its global infrastructure, this company serves customers in the healthcare, hospitality, interiors, workwear, and consumer markets worldwide. Standard Textile Co. Inc. has developed a culture of innovation, quality, and service. With more than 80 patents, its products are engineered to deliver durability, longevity, and value. A vertically integrated company, Standard Textile is a leading global provider of total solutions in the institutional textiles and apparel markets.


DEAL STATS #
Overall 1 of 2
Sector: Apparel/Textiles M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 JC Burnham

Rochester, Minnesota, United States

JC Burnham LLC providing the finest window coverings available. JC Burnham offers window shades, cubicle curtains, and bed covers. JC Burnham LLC is based in Rochester, Minnesota.

Buy -

Seller(S) 1

SELLER

Mascioni

Cuvio, Italy

Category Company
Sector Apparel/Textiles
DESCRIPTION

Mascioni S.P.A. engages in textile, printing and finishing ennobling. Mascioni has a high production capacity, with a wide range of processes and finishing processes ranging from the preparation of fabrics to sophisticated dyeing and printing techniques (including digital printing) up to special and advanced finishing treatments. the mascioni systems are able to perform work on fabrics up to 3.2 meters high.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2018 M&A 1 of 1