Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://ahweb.adsale.com.hk/t.aspx?unt=2354-STX15_TextileWorld
http://www.textileservicesonline.com
http://www.thiestextilmaschinen.com
http://ahweb.adsale.com.hk/t.aspx?unt=2396-ZhejiangTex14_TextileWorld
http://www.textileworld.com/partners/Shaffer_and_Max-Dyeing_and_Finishing_Plant_2014
http://www.expoproduccion.mx/Content/Exhibitors/24/
http://www.spgprints.com
http://www.textileworld.com/Textile_World_Innovation_Forum_2014/
July/August 2014 July/August 2014

View Issue  |

Subscribe Now  |

Events

AATCC Color Management Workshop
08/26/2014 - 08/27/2014

Intertextile Shanghai Home Textiles - Autumn Edition
08/27/2014 - 08/29/2014

Basics Of Exporting: Understanding U.S. Regulatory Requirements Webinar
08/28/2014 - 08/28/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Knitting / Apparel

Tefron To Acquire Alba-Waldensian

Tefron Ltd., Israel, has announced that it has signed a definitive agreement to acquire Alba-Waldensian Inc., Valdese, N.C. Both companies produce seamless intimate apparel.

Tefron will pay $18.50 per share for approximately $62 million of Alba-Waldensian common stock. Including the assumption of debt, the total value of the transaction is $83 million.

"The acquisition of Alba-Waldensian is an exciting strategic step for Tefron," said Sigi Rabinowicz, CEO of Tefron. "The demand for intimate apparel continues to increase at a rapid rate and the combined company will be particularly well positioned to take advantage of this trend."

Clyde Engle, chairman, Alba-Waldensian said: "We are delighted to join Tefron. Its strong international reputation and position, combined with our presence in the United States, will make the combined company an even more powerful factor in the marketplace.


January 2000



Advertisement

http://www.staubli.us