Vantage Apparel, Avenel, N.J., announced it has acquired a majority stake in full-service European corporate apparel supplier, Lynka, headquartered in Poland.
This acquisition will make Vantage the largest global supplier and decorator of corporate apparel, according to the company.
Lynka’s previous co-owners, Berendsohn A.G. of Hamburg fully exited the business on July 21, and will continue working together as a key customer of Lynka.
Known for its well-stocked multi-brand wholesale apparel and merchandise, Lynka will add to its existing portfolio Vantage’s core product assortment, making way for global uniform programs which have been growing markets for the two companies over the last five years.
“Our partnership with Lynka will allow distributors with global customers to achieve consistency in not only their apparel merchandise assortment, but also the quality of decoration that have been a pinnacle of achievement for both Vantage and Lynka through the years,” says Ira Neaman, CEO of Vantage Apparel. “I’m proud to bring Vantage’s reputation in superior decoration and back-office technology services to the world stage.”
Lynka’s leadership will remain intact with founder and shareholder John Lynch, a New Jersey native, at the helm as President; leading the over 250-member team in Poland, which services customers across 25 countries in Europe including the UK, France, Germany, Scandinavia, CEE and further, according to the company.
“I have personally known Vantage for well over a decade,” says Lynch. “Whenever we shared war stories over the years, Ira and I always agreed that Vantage and Lynka are remarkably similar companies – our unique one-stop-shop solution, our top-notch decoration, and in particular, our approach to business including our core values. I can’t imagine a better partner than Vantage for the future.” — D.S.
