US Dyeing & Finishing Inc- Fabric Dyeing & Finishing Facility & American Apparel Inc | Update Date: 06/20/08 |
| Date Announced: 05/13/08 |
| Value (million $USD): 3.8 million U.S. Dollar |
|
| Status: Completed | |
| TRANSACTION DETAILS |
| Date Announced | 05/13/08 | | |
| Date Originally Announced | 05/13/08 | | |
| Format | Acq. of Assets | Acquisition techniques | Divestiture |
| Attitude | Friendly | Agency | n/a |
| Value | 3.8 million U.S. Dollar | Advisor Fees | n/a |
| SYNOPSIS |
| US - American Apparel Inc, a unit of Endeavor Acquisition Corp, acquired the fabric dyeing and finishing facility, located in Garden Grove, California, of US Dyeing & Finishing Inc, a provides fabric dyeing services, for an estimated $3.8 mil in cash. |
| TARGET |
| Name | US Dyeing & Finishing Inc- Fabric Dyeing & Finishing Facility |
| Industries | Broadwoven fabric mills, wool (including dyeing); Finishers of broadwoven fabrics-cotton |
| City | Garden Grove |
| State | CA |
| Nation | United States |
| Incorporated in | n/a |
| Public Status | Subsidiary |
| Business Description | Fabric dyeing and finishing facility, located in Garden Grove, California. |
| Advisors | NULL |
| Target Sales | n/a |
|
| ACQUIROR |
| Name | American Apparel Inc (APP) |
| Industries | Women's, misses', & juniors' outerwear, nec; Women's, misses', & juniors' suits, skirts, coats; Women's, misses', & children's underwear,nightwear; Women's, misses', & juniors' dresses; Women's full & knee-length hosiery, except socks; Women's and children's clothing and accessories; Men's and boys' clothing, nec; Men's and boys' separate trousers and slacks; Men's shirts and nightwear |
| City | Los Angeles |
| State | WY |
| Nation | United States |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | American Apparel Inc, headquartered in Los Angeles, California, manufactures and wholesales branded fashion basic apparel. The company operated 185 retail stores in 15 countries, including the United States, Canada, Mexico, United Kingdom, Belgium, France, Germany, Italy, the Netherlands, Sweden, Switzerland, Israel, Australia, Japan and South Korea. |
| Advisors | NULL |
| Acquiror Sales | 387.0 million U.S. Dollar |
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