Home / Knowledge / News / Textiles / Sobel Westex acquires Baltic Linen company
Sobel Westex acquires Baltic Linen company
13
Apr '17
Courtesy: Sobel Westex
Courtesy: Sobel Westex
Sobel Westex, designer, manufacturer and distributor of linen and terry, has announced an agreement to acquire Baltic Linen Co Inc, a leading supplier of bed and bath textiles for retail, cruise lines, healthcare and hospitality industries. The acquisition of Baltic Linen will result in making Sobel Westex one of the world's largest global textile companies.

The acquisition joins two dominant textile companies to create a US based, global enterprise that will be highly competitive across all textile sectors. Customers can expect the global union of Sobel Westex and Baltic Linen to result in more innovative products, improved guest experience, personalised service, and increased attention to detail – all fundamental elements that make up the DNA of the Sobel Westex brand.

"Baltic, a trendsetter in the retail and hospitality textile sectors, will propel Sobel Westex to the top of the market, solidifying both our position and brand in the textile industry across our market segments. This transaction will create a leading textile company that is differentiated by its ability to deliver cutting-edge products using an unparalleled global infrastructure of inventory and distribution capabilities to service our customers worldwide," said Walter Pelaez, CEO of Sobel Westex.

"We are proud of our decision to join forces with Sobel Westex and deliver the expertise of both companies' vast knowledge to the marketplace Our forward thinking and differentiated designs will continue to create the most exciting looks with license partnerships that are unique, bringing colour and value to our customers," said Frank Greenberg, CEO of Baltic Linen.

Sobel Westex dominates the hospitality industry around the globe with a range of products from towels to sheets, blankets, pillows, bathrobes, table linen and beyond. As one of the largest suppliers, Sobel Westex has a substantial market share nationwide servicing the largest, most prestigious hospitality, cruise line and laundry companies.

A bellwether in the retail textile market with an 80-year history, Baltic Linen is a major supplier of bedding and bath products to leading department stores, specialty stores, mass retailers and the hospitality industry. With stalwart clients that include the most known brands in the retail space, Baltic Linen brings to the acquisition its dominance in the home fashion segment.

"The combined strength of these two companies is a game changer that will allow Sobel Westex to increase our design mix and product offering; giving us the ability to better serve our domestic and international markets, creating an exciting opportunity for both our customers and our company,” added Pelaez. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sanjukta Dutta
Sanjukta's Studio

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search