The Renco Group completed the acquisition of Renfro Brands.

The Renco Group, a private holding company, completed the acquisition of Renfro Brands, a manufacturer and marketer of the world's preeminent sock brands. Financial terms were not disclosed. "We actively pursued Renfro Brands as they are the clear leader within their category and are poised for continued growth. With a unique combination of best-in-class owned and licensed brands, longstanding relationships with leading retailers, unparalleled development and supply chain capabilities, and a top-tier management team, Renfro Brands aligns with our values and represents the right opportunity to expand our portfolio," Ari Rennert, The Renco Group President.