HanesBrands to Acquire DB Apparel
Acquisition expected to add approximately $0.25 of adjusted EPS in 2015 and approximately $1.00 of adjusted EPS annually within 3 to 4 years.
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Hanes and DBA were formerly separate sister companies under the ownership of Sara Lee Corporation. In 2006, Sun Capital acquired DBA and Hanes spun off into an independent public company. Together, the two companies would be one of the largest basic innerwear apparel companies in the world and share the worldwide rights to the Playtex, Wonderbra and DIM brands.
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