Home / Knowledge / News / Apparel/Garments / Unitas Capital acquires minority stake in Korean firm NEPA
Unitas Capital acquires minority stake in Korean firm NEPA
Jun '12


Unitas Capital, one of the pioneers of the Asian buyout market, has announced that it would acquire minority stake in South orea’s NEPA Company Ltd., which designs apparel and equipment and its products are offered in over 300 retail stores.
Unitas said it would invest US$ 162.4 million in NEPA to gain from the current boom in Korea, considered to be the world’s second biggest outdoor apparel and equipment market.
In 2011, NEPA earned US$ 255 million in sales and its same-store revenue grew by over 40 percent per annum for the past two years.
Unitas, which has US$4 billion in capital under management, expects to close the deal with NEPA during the next fortnight.
The deal will make Unitas the second largest shareholder in NEPA and the majority share would still remain with the company’s CEO Hyung Seob Kim.
South Korea’s outdoor apparel and equipment industry has annual turnover of US$ 3.1 billion and is growing at 19 percent a year.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search