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Next Level Apparel Expands GloballyBlue Point-Backed Next Level Apparel Fashions International Expansion with Stedman Acquisition
Next Level Apparel (NLA), Los Angeles, recently announced the acquisition of Germany-based Stedman GmbH, a designer, manufacturer and supplier of premium casual and sportswear blank apparel for the printwear industry.
“The team at Stedman is excited to join ranks with Next Level Apparel, a strong partner and the perfect match, thanks to numerous synergistic qualities and values across both companies,” says Stedman General Manager Marcel Schweigert. “This partnership opens up new growth opportunities for everyone involved, and I am personally thrilled to be part of it, not only as a stakeholder but also as a shareholder.”
Stedman has stood for top quality and ethically produced clothing across men’s, women’s and youth apparel — all of which are complementary with NLA’s product collections and reputation for superior quality, fit and style, according to the company. With a distribution center in Ghent, Belgium—and a market presence in over 40 countries—Stedman’s international foundation will serve as a critical accelerant to NLA’s strategic geographic expansion in Europe.
“The Stedman team has built a strong brand and a culture of excellence, and we’re excited to have them join Next Level Apparel,” says NLA CEO Randy Hales. “This partnership presents a great opportunity to expand and diversify both organizations’ footprints across Europe and the U.S.”
Blue Point Principal Evan Cottington said, “Not only is this an exciting milestone for all involved, it also further validates our belief in M&A and geographic expansion as key drivers for the business’s strategic growth.”
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