Home / Knowledge / News / Apparel/Garments / Intradeco Apparel invests in sleepwear producer Knothe
Intradeco Apparel invests in sleepwear producer Knothe
05
Jan '13
Intradeco Apparel has acquired certain assets of Knothe Apparel Group, a manufacturer of men’s sleepwear. Terms of the deal, which closed on Friday, were not disclosed.

Knothe, a family-run business based in New York, distributes its products under labels such as Izod, Chaps and State O Maine.

Intradeco, a family-run business based in Miami that is focused on fashion basics and thermal underwear, said Knothe will operate as a separate division of Intradeco. The existing Knothe senior management and merchandising teams will continue running the businesses.

Allan Ellinger, senior managing partner at MMG, which was financial adviser in the transaction, said, “This is a strategically strong merger for both companies. We were pleased to be able to bring these two industry leaders together in a deal that will strengthen the men’s sleepwear business.”

Terry Trofholz, executive vice president of sales for Intradeco, said the “synergies between the businesses will bring real benefits to our valued customers.”

Ricky Bern, chief operating officer at Knothe, said his company will “be able to take advantage of Intradeco’s vertical supply chain structure, world class operating systems and financial strength.

Intradeco Apparel

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search