Spencer Supports Canada Ltd. (Champlain) Acquires Domestic Converters Inc.

August 1, 2020

Spencer Supports Canada Ltd., a portfolio company of Champlain Financial Corporation, has acquired Domestic Converters Inc. (DC), a Montreal-based seamless apparel manufacturer selling under the Climawear brand and private labels to Canadian and US retailers. The add-on transaction strengthens Spencer's position in intimate apparel, brings seamless manufacturing expertise and eco-friendly fabrics, and diversifies its North American customer base.

Buyers
Spencer Supports Canada Ltd., Champlain Financial Corporation
Targets
Domestic Converters Inc.
Platforms
Spencer Supports Canada Ltd.
Location
Quebec, Canada
Transaction Type
Addon

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