Home / Knowledge / News / Fashion / Jeantex signs LOI to acquire Sanatex

Jeantex signs LOI to acquire Sanatex

29
Nov '05
Designer, manufacturer and marketer of consumer product for apparel Jeantex Group Inc announced that it has signed a Letter of Intent (LOI) to acquire all the issued and outstanding stock of Sanatex Incorporated.

Based in Carson, California, Sanatex is engaged in the manufacturing of clothes and packaging materials, dyeing, and finishing for the apparel and fashion industries.

With manufacturing facilities situated in the Private Free Zone in Kalubeia, Egypt, Sanatex enjoys exemption from tariffs on finished goods shipped to the United States.

Click to view more details

Jeantex Group Inc (formerly Lexor Holdings, Inc), through its wholly-owned subsidiary Jeantex Inc, engages in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide.

Jeantex manufactures denim jeans for prominent brand names such as ABS, Blue Cult, Guess, Hurley, Limited Express, and Lucky.

The Company also manufactures and markets new lines of uniquely designed high-quality jeans, T-Shirts, and accessories under the "Bone People" trademark, which are being marketed in Germany, Japan, Portugal, Scandinavia, Spain, and the US.

Jeantex Group Inc


Must ReadView All

Pic: Azamat Imanaliev / Shutterstock.com

Apparel/Garments | On 13th Apr 2021

Output & profit of Chinese garment firms rise in Jan-Feb '21

Showing further recovery, garment enterprises in China saw their...

Pic: Shutterstock

Textiles | On 13th Apr 2021

Israel unveils new plan to set up recycling centres

As a part of a strategic national programme for municipal waste...

Pic: Shutterstock

Apparel/Garments | On 13th Apr 2021

Increasing scrutiny to create challenges for apparel industry: Moody's

Apparel production practices have a significant impact on the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

We are staring at livelihood crisis for weavers

Textile Industry, Head honchos

Textile Industry
Head honchos

Indian apparel industry looks poised for slow death

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Anurag Mohota,

Anurag Mohota

Located in the heart of cotton growing belt of India, Gimatex is a...

Dr. Vijaya Kumar,

Dr. Vijaya Kumar

Dr MM Kariappa founded the Vogue Institute of Art & Design in 1996....

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

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

Leave your Comments


April 2021

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


Advanced Search