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New Wave Group Ab (Publ) Acquires B.T.C. Activewear Limited

PRIVATESep 02, 2022

Acquiring Company

New Wave Group

Acquired Company

B.T.C. ACTIVEWEAR LIMITED

GothenburgUnited KingdomManufacturingAdvertisingFashionMarketing

Description

New Wave Group has today acquired 100 % of the shares in the UK promotional, corporate and teamwear apparel company B.T.C. Activewear Limited. The consideration for the purchase of the shares is £33 million on a cash and debt free basis and is paid in cash.

Quick answer

New Wave Group is acquiring B.T.C. ACTIVEWEAR LIMITED, announced September 2, 2022. New Wave Group is based in Gothenburg, Västra Götaland County, Sweden.

How much did New Wave Group pay for B.T.C. ACTIVEWEAR LIMITED?
The deal value was not disclosed.
What does New Wave Group do?
New Wave Group is the parent company of Cutter & Buck and other brands.
Where are New Wave Group and B.T.C. ACTIVEWEAR LIMITED based?
New Wave Group is based in Gothenburg, Västra Götaland County, Sweden. B.T.C. ACTIVEWEAR LIMITED is based in United Kingdom.
Who are the decision-makers at New Wave Group?
Fundz holds 1 contact at New Wave Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

New Wave Group

Location

Gothenburg, Västra Götaland County, Sweden

About

New Wave Group is the parent company of Cutter & Buck and other brands. It operates in the promotional products segment across Europe. The firm focuses on expanding its market presence through strategic acquisitions. New Wave Group aims to strengthen its reach in Central and Eastern Europe.

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Frequently asked

Who acquired B.T.C. ACTIVEWEAR LIMITED?

B.T.C. ACTIVEWEAR LIMITED was acquired by New Wave Group, based in Gothenburg. The deal was reported on September 2, 2022. New Wave Group is the parent company of Cutter & Buck and other brands. It operates in the promotional products segment across Europe. The firm focuses on expanding its market presence through strategic acquisitions. New Wave Group is privately held and operates in Manufacturing.

When did New Wave Group acquire B.T.C. ACTIVEWEAR LIMITED?

New Wave Group's acquisition of B.T.C. ACTIVEWEAR LIMITED was reported on September 2, 2022. New Wave Group has today acquired 100 % of the shares in the UK promotional, corporate and teamwear apparel company B.T.C. Activewear Limited. The consideration for the purchase of the shares is £33 million on a cash and debt free basis and is paid in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does B.T.C. ACTIVEWEAR LIMITED do?

BTC activewear - multi- brand distributor of promotional, corporate, school and workwear It is privately held, and is based in United Kingdom.

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