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Related Keywords: (Peds), acquire hundred percent equity interest of Peds Legwear Inc, distribution centre, Gildan Activewear Inc, legwear products, North Carolina manufacturing, Peds marketer of quality foot apparel, private Canadian company, signed definitive agreement, therapeutic hosiery, total cash consideration

Gildan Activewear Inc. has signed a definitive agreement to acquire 100% of the equity interest of Peds Legwear Inc. (Peds), a private Canadian company with a North Carolina manufacturing and distribution centre that opened last year for a total cash consideration of $55 million.

The acquisition is expected to create revenue growth opportunities by leveraging Gildan’s existing customer relationships to broaden the channels of distribution for the Peds and MediPeds brands and by extending these brands into Gildan’s other product categories.

Related Keywords: brands of 7 For All Mankind, Delta Galil Industries Ltd, global manufacturer and marketer of branded and private label apparel products, Israeli textile firm, signed definitive agreement, Splendid and Ella Moss, to acquire contemporary premium brands, VF Corporation

Delta Galil Industries, Ltd., an Israeli textile firm headquartered in Tel Aviv with plants around the world and global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear and activewear, announced signing a definitive agreement to acquire contemporary premium brands, including the businesses and brands of 7 For All Mankind, Splendid and Ella Moss from VF Corporation, an American global leader in branded lifestyle apparel, footwear and accessories.

Related Keywords: global investment firm, in Mangalore SEZ, invest in zero coupon, its overseas arm, JBF setting up a PTA plant, KKR, KKR to acquire twenty percent stake, Kohlberg Kravis &, Mumbai based polyester maker, signed definitive agreement, support the Make in India campaign, with JBF Group

Kohlberg Kravis & Roberts (KKR), one of the global investment firm in the world, has signed a definitive agreement to invest $150 million (Rs 962 crore) into JBF Group a Mumbai-based polyester maker and its overseas arm. A portion of the proceeds will be used by KKR to acquire 20 percent stake in JBF Industries and will also invest in zero-coupon compulsorily convertible preference shares with 14.5 per cent voting rights in its Singapore-based wholly owned subsidiary JBF Global Pte Ltd.