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Jeantex Group to boost private label capacity in Vietnam

27 Mar '06
2 min read

Apparel maker of denim goods and accessories Jeantex Group Inc has investigated a number of apparel-clothing manufacturers in Vietnam and will immediately begin an acquisition and strategic alliance program with these companies to increase its private label capacity and open up new international markets.

While Jeantex Group continues to grow its private label business through the company's wholly owned subsidiary Jeantex Inc, a Los Angeles-based manufacturer, and expand its branded collections through Yves Castaldi Corp, Bone People, LSD, and new brands, it will acquire a number of choice targets to quickly increase overall revenues and profitability for the company.

Potential strategic alliance and acquisition candidates in Vietnam include VinaWorld Production & Services Company, Nhat Tan Company, Thai Son S.P. Co Ltd, and Minh Hieu, among others.

Henry Fahman, Chairman of Jeantex Group Inc, stated: "We have been in talks with a number of potential acquisition candidates and strategic alliance partners in Vietnam during the last few months and expect to finalize a couple of transactions with a select few in the very near future.”

“We believe the completion of these transactions will not only increase our private label capacity, but also open up new international markets and add substantial overall revenues to the company," he added.

Jeantex Group Inc, through itswholly owned subsidiary Jeantex Inc, engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide.

Jeantex Group Inc

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