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  6. Victor Group Acquires Craftex Mills

M&A Deal Summary

Victor Group Acquires Craftex Mills

On April 1, 2009, Victor Group acquired apparel/textiles company Craftex Mills

Acquisition Highlights
  • This is Victor Group’s 1st transaction in the Apparel/Textiles sector.
  • This is Victor Group’s 1st transaction in the United States.
  • This is Victor Group’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2009-04-01
Target Craftex Mills
Sector Apparel/Textiles
Buyer(s) Victor Group
Deal Type Add-on Acquisition
Advisor(s) SSG Capital Advisors (Financial)

Target

Craftex Mills

Blue Bell, Pennsylvania, United States
Craftex Mills is a leading provider of high-end jacquard upholstery fabrics supplied to quality residential upholstery and furniture manufacturers as well as office and hotel furniture manufacturers. Craftex also provides transportation upholstery fabrics to leading U.S. airlines.

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Buyer(S) 1

Buyer

Victor Group

Saint-Georges, Quebec, Canada
Category Company
Founded 1947
Sector Apparel/Textiles
DESCRIPTION

Victor Group is a leading North American textile manufacturer comprised of two distinct business units: Commercial and Apparel & Specialty.

DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
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