Delta Galil Acquires Organic Basics

July 26, 2022

Delta Galil Industries has acquired the Organic Basics brand and certain related assets from its founders/owners; terms were not disclosed. Delta Galil plans to expand the digitally native sustainable apparel brand globally — particularly in the US and Europe — and extend the product line to include baby and kids items while scaling its direct-to-consumer e-commerce offering.

Buyers
Delta Galil Industries, Ltd.
Targets
Organic Basics
Industry
E-Commerce
Location
Denmark
Transaction Type
Buyout

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