ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Aug 03, 2020 22:10 JST
Source:
Lever Style Corporation
Lever Style to Acquire Vista Apparels to Expand Product Range For Customers
HONG KONG, Aug 03, 2020 - (ACN Newswire) - A subsidiary of Lever Style Corporation ("Lever Style" or the "Group") (stock code: 1346) has entered into a sale and purchase agreement to acquire certain assets of Vista Apparels Limited ("Vista"). Hong Kong-headquartered knitwear manufacturer Vista supplies sweaters to premium brands such as Paul Smith and James Perse and digitally-native brands like Ministry of Supply.
Lever Style will assume Vista's customers, supplier relationships, technical knowhow, and order book. The acquisition enables Lever Style to offer its existing customers sweaters in addition to the wide range of apparel the company already provides. Additional cross-selling opportunities are expected from Vista's customers purchasing Lever Style products.
"The Vista acquisition is a first step towards our goal to acquire companies that expand our business opportunities with our customers and further strengthen our market position," said Stanley Szeto, Executive Chairman of Lever Style. "We expect to start capitalizing on the synergies with Vista in 2021, and to announce further acquisitions in due course."
The acquisition is structured as an agreement to purchase certain of Vista's assets such raw material inventory, with the final purchase price based on performance.
Source: Lever Style Corporation
Sectors: Daily Finance, Daily News
Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Asian Financial Forum opens next Monday with fresh perspective and new tagline, "Finance Empowering Business"
Jan 20, 2026 14:30 JST
Overview of Speeches Delivered at Launch Event for New Partnership between Honda and the Aston Martin Aramco Formula One(R) Team for 2026 Season
Jan 20, 2026 14:19 JST
Mitsubishi Motors Marks Record Sales in Vietnam for the Second Consecutive Year in 2025
Jan 20, 2026 12:35 JST
Fujitsu recognized by World Economic Forum for project promoting sustainable hospital management leveraging AI
Jan 20, 2026 11:23 JST
DENSO to Promote Standardization of Automotive Software as an AUTOSAR Core Partner
Jan 19, 2026 16:00 JST
New-look TGR-WRT launches landmark campaign on legendary rally
Jan 16, 2026 21:34 JST
Mitsubishi Corporation Announces Acquisition of Haynesville Shale Gas Business in Louisiana and Texas
Jan 16, 2026 21:12 JST
MHI Thermal Systems Expands Lineup of Building-Use Multi-Split Air-Conditioners for Overseas Markets
Jan 16, 2026 15:47 JST
NEC Launches "NEC Composable Disaggregated Infrastructure Solution" for Distributed Computing Resources
Jan 15, 2026 17:00 JST
Mitsubishi Power Lands Significant Gas Turbine Order for Qatar's Facility E IWPP Project
Jan 14, 2026 18:58 JST
Mitsubishi Motors Launches Updated Outlander PHEV in Canada
Jan 14, 2026 17:38 JST
Hitachi High-Tech launches FOUNDRY-MASTER Smart 2, enhancing performance and value of stationary optical emission spectrometers
Jan 14, 2026 14:10 JST
Fujitsu launches demonstration experiment into green steel value flow utilizing blockchain technology to accelerate decarbonization in the steel Industry
Jan 14, 2026 10:52 JST
Toyota Systems, Fujitsu utilize quantum-inspired technology and AI to streamline on-board computer design and contribute to sustainable development
Jan 14, 2026 10:36 JST
Mitsubishi Motors Starts Production of Rogue Plug-in Hybrid and Navara OEM Models for Nissan
Jan 13, 2026 16:02 JST
Additional Investment in Commercial Space Station Business and Acquisition of Experimental Module Usage Rights
Jan 13, 2026 14:34 JST
Honda to Adopt New "H mark" as Symbol of Honda Automobile Business
Jan 13, 2026 11:26 JST
Eisai and Nuvation Bio Enter into Exclusive Licensing Agreement for Taletrectinib in Europe and Additional Countries Outside the U.S., China and Japan
Jan 13, 2026 09:50 JST
Mazda Unveils MAZDA CX-6e New Battery EV in World Premiere
Jan 12, 2026 13:10 JST
TOYOTA GAZOO Racing Announces GR Yaris MORIZO RR
Jan 09, 2026 16:03 JST
More Latest Release >>
Related Release
Champion System Acquisition Accelerates Lever Style's Active Wear and Custom Apparel Capability
February 18 2021 12:10 JST
Acquisition of Technical Outwear Maker Liwaco Enhances Lever Style's Capability to Support Customers Across Multiple Product Categories
August 26 2020 14:17 JST
Lever Style Corporation Announces Details of Proposed Listing on the Main Board of The Stock Exchange of Hong Kong Limited
October 31 2019 09:00 JST
More Press release >>