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Promotional Wear Company The Cotton Group Sold to Kwintet



Thursday 28th of June 2007 02:20:53 AM

Promotional Wear Company The Cotton Group Sold to KwintetThe Cotton Group, a Belgium promotional clothing company, has been bought by Kwintet, a European corporate clothing company that wants to expand its scope in the European casual clothing market. The Cotton Group, which has over one hundred employees in Europe and Asia, sells its designs under the clothing label B&C. Manufacturing T-Shirts, jackets, Sweatshirts, fleece, and Polo Shirts, The Cotton Group has been very successful in the European market.

“B&C is a well-respected brand in Europe and Kwintet’s acquisition of The Cotton Group will allow us to build on our strong market position in Europe. The Cotton Group is a leading supplier in its sector, and both Kwintet and the management team of the Cotton Group see many opportunities to accelerate the continued growth of both companies," said Anders Groenlund, CEO of Kwintet.

As the market for casual clothing continues to grow, Kwintet will now be able to build on B&C's reputation and add more to the line. “We are pleased with the choice of The Cotton Group shareholders which ensures the continuation of the B&C strategy and we are confident that our positive development will continue with the support of Kwintet. Our inclusion in such a strong group will help us in our mission to continue growing our business," said Managing Director of The Cotton Group, Jean-Marc Dath.

(c)Thomas Eggar, www.sxc.hu




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