ISRAEL: Delta Galil Completes Wundies Acquisition
Delta Galil Industries Ltd (Nasdaq: DELT), the global provider of private label intimate apparel, men's underwear, socks, babywear and leisurewear, today announced that it has completed the acquisition of Wundies Industries Inc.Wundies is a producer of private label ladies' intimate apparel and girls' underwear and nightwear. It also markets its products under character licenses including Barbie, Looney Tunes and Winnie the Pooh, as well as brand licenses including Danskin, Bill Blass and Jessica McClintock, in addition to its proprietary LOVEPATS brand. Wundies' customers include Wal-Mart, Kmart, Target, JCPenney, Mervyn's, Kohl's and Wholesale Clubs.Delta chairman Dov Lautman commented that the completion of the Wundies acquisition signifies a significant step in Delta's strategy to build its presence in the US market and extend its penetration in the ladies' intimate apparel and seam free categories.Delta Galil is a global manufacturer of boutique-quality apparel for the mass market sold under brands such as Polo Ralph Lauren, Donna Karan, Calvin Klein, Hugo Boss and Nike and sold worldwide through retailers including Marks & Spencer, Victoria's Secret, GAP, Banana Republic and others. Recognized for product innovation and development, Delta is committed to growth through higher margin products, expanding market share and operational efficiencies. For more information, please visit the company website at
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