Deal Snapshot
DELTA GALIL CLOSES ACQUISITION OF FRANCE-BASED EMINENCE
Thursday 12 July 2018

Israel-based apparel manufacturer Delta Galil Industries, Ltd. (TASE: DELT) (OTCQX: DELTY) has closed the acquisition of France-based underwear company Eminence SAS and its subsidiaries, which Eminence, ATHENA and the Italian brand Liabel, the company said.
For 2019, Eminence is expected to contribute approximately EUR 100m (USD 119m) of revenue and approximately USD 0.40 to USD 0.45 to Delta's earnings per share, excluding transaction and other deal-related expenses. This transaction would accelerate Delta revenue to exceed USD 1.5bn.


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Details
Date Published: 12/07/2018
Target: Eminence SAS
Country: France
Sector: Clothing/Textiles
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Delta Galil Industries
Comment:
Terms of the deal were not disclosed

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