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Delta Apparel to purchase Fun Tees for good business
21 Aug '06
3 min read
Delta Apparel expects the Fun-Tees acquisition to increase the activewear segment sales by approximately $70 million in sales on an annual basis and be immediately accretive to per share earnings.
Robert W. Humphreys, President and CEO of Delta Apparel, commented, "We are excited to welcome Fun-Tees to our expanding business operations. Fun-Tees will enhance our Activewear segment through its private label programs and off-shore decorating capabilities."
"We believe their integration into our Activewear platform will result in improved manufacturing efficiencies and cost savings in our combined business.”
“The acquisition of Fun-Tees is expected to be immediately accretive to our earnings, even with the costs associated with the integration of the Fun-Tees textile operations into our existing facility, which will take place during this fiscal year."
"The management team at Fun-Tees will continue to operate the business from its current location in Concord, North Carolina. All of us at Delta Apparel look forward to working with them to continue to grow the business."
Delta Apparel Inc, along with its wholly owned subsidiaries, M.J. Soffe Co and Junkfood Clothing Company, is a marketer, designer, manufacturer and distributor of high quality branded and private label apparel.
Robert W. Humphreys, President and CEO of Delta Apparel, commented, "We are excited to welcome Fun-Tees to our expanding business operations. Fun-Tees will enhance our Activewear segment through its private label programs and off-shore decorating capabilities."
"We believe their integration into our Activewear platform will result in improved manufacturing efficiencies and cost savings in our combined business.”
“The acquisition of Fun-Tees is expected to be immediately accretive to our earnings, even with the costs associated with the integration of the Fun-Tees textile operations into our existing facility, which will take place during this fiscal year."
"The management team at Fun-Tees will continue to operate the business from its current location in Concord, North Carolina. All of us at Delta Apparel look forward to working with them to continue to grow the business."
Delta Apparel Inc, along with its wholly owned subsidiaries, M.J. Soffe Co and Junkfood Clothing Company, is a marketer, designer, manufacturer and distributor of high quality branded and private label apparel.
Delta Apparel Inc
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