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New Deal


Announced

Levi Strauss to acquire 40 Levi's brand stores and franchise associations from Expofaro.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Apparel Retailers

Colombia

Acquisition

clothing stores

Cross Border

Private

Friendly

Single Bidder

Pending

Majority

Synopsis

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Levi Strauss, an American clothing company, agreed to acquire 40 Levi's brand stores and franchise associations from Expofaro, a Colombian manufacturing company based in Medellin. Financial terms were not disclosed. Through this deal, Expofaro will continue manufacturing clothes for Levi Strauss, and Levi Strauss will directly operate its brand in Colombia through 40 stores and 50 franchises around Colombia.

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