Announced
Financials
Sources
Tags
Apparel Retailers
Colombia
Acquisition
clothing stores
Cross Border
Private
Friendly
Single Bidder
Pending
Majority
Synopsis
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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