Gildan to Acquire Alstyle

By John Burns, Associate Editor

May 5, 2016

Gildan Activewear, Montreal, has agreed to acquire Alstyle Apparel for $110 million in cash, according to multiple reports.

Alstyle was formerly a division of Ennis, but the supplier announced in April that it agreed to divest the apparel division and focus on its core business. The acquisition is expected to close in June.

In a statement, Gildan says the acquisition will “complement Gildan’s position in the Western United States where Alstyle has a strong presence.”

Alstyle’s operations will be integrated into Gildan’s printwear business and provide additional manufacturing capabilities for Gildan.

For more information, visit — J.B.