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Sae-A Trading to acquire operational entities of Tegra in Honduras, El Salvador, and the U.S.

Apr 09, 2024

Acquiring Company

Sae-A Trading

Acquired Company

Tegra

SeoulAtlantaManufacturingFashionRetailPrintingTextilesapparel & fashionManufacturingSportsFashion

Description

Sae-A Trading, the leading vertically integrated garment and textile manufacturer, has signed a definitive agreement to acquire the operational entities of Tegra located in Honduras, El Salvador, and the U.S. This strategic acquisition is expected to significantly expand Sae-A Trading's geographical presence and market leadership in the Western Hemisphere.

Quick answer

Sae-A Trading is acquiring Tegra, announced April 10, 2024. Sae-A Trading is based in Seoul, Seoul, South Korea.

How much did Sae-A Trading pay for Tegra?
The deal value was not disclosed.
What does Sae-A Trading do?
Sae-A Trading was established in 1986 and is a subsidiary of Global Sae-A, the holding company of the Global Sae-A Group.
Where are Sae-A Trading and Tegra based?
Sae-A Trading is based in Seoul, Seoul, South Korea. Tegra is based in Atlanta, Georgia, United States.
Who are the decision-makers at Sae-A Trading?
Fundz holds 1 contact at Sae-A Trading. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Sae-A Trading

Location

Seoul, Seoul, South Korea

About

Sae-A Trading was established in 1986 and is a subsidiary of Global Sae-A, the holding company of the Global Sae-A Group. Sae-A Trading is one of the world's largest vertically integrated textile and apparel garment manufacturers supplying the US and European retail markets. It has a global production base spanning both sides of the world: the Western hemisphere and Eastern hemisphere. It operates in 8 production companies, fully verticalized from yarn spanning, fabric knitting/dyeing, graphic printing, garment washing, and sewing. Currently, Sae-A Trading employs more than 30,000 associates across worldwide operations.

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Frequently asked

Who acquired Tegra?

Tegra was acquired by Sae-A Trading, based in Seoul. The deal was reported on April 9, 2024. Sae-A Trading was established in 1986 and is a subsidiary of Global Sae-A, the holding company of the Global Sae-A Group. Sae-A Trading is privately held and operates in Manufacturing.

When did Sae-A Trading acquire Tegra?

Sae-A Trading's acquisition of Tegra was reported on April 9, 2024. Sae-A Trading, the leading vertically integrated garment and textile manufacturer, has signed a definitive agreement to acquire the operational entities of Tegra located in Honduras, El Salvador, and the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tegra do?

Tegra specializes in the manufacture of apparel products like sportswear as well as printing, embroidery, sewing, and cutting services. It is privately held, operating in Manufacturing, and is based in Atlanta.

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