Home / Knowledge / News / Apparel/Garments / Blue Max acquires school-wear supplier Banner
Blue Max acquires school-wear supplier Banner
Jun '10
Blue Max, a school-wear importer has officially announced that, it has acquired the Stockport based Banner Group, which was its tough contender.

The price paid by Trowbridge-based, Blue Max to owner, Ian Powell, for acquiring his private owned company, Tangram Ventures Ltd, was not disclosed. Powell had acquired the company from Cosalt group for £4.5 million in 2008.

Reddish-based, Banner Group is a 150-year old firm. The group, which sources individual retailers also possesses, school-wear brands such as Distinctive and Beau, kids-wear brands such as Little Darlings, COCO and Abella and also men's-wear collection, Pegasus and David Johns.

Blue Max claims that, with this acquisition the group will experience a two-fold growth reaching about £25 million, thereby, turning in to a key player in UK's school-wear market.

Clitheroe-based Trutex, with sales of £17 million, was acquired in March, for £4.75 million by a turnaround fund management company, Endless. The sector's other key player is Dunstable-based, Fielding Group.

A speaker for Blue Max informed that, the acquisition would not abruptly affect the jobs at Banner. The group over the period of last four years, by acquiring Stag, a school-wear supplier, has established a new warehouse operation, which is capable of encompassing over five million garment units.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search