Delta Galil Acquires Danish Clothing Brand Organic Basics.
MANews-(C)2009-2022
Israel-based apparel products manufacturer Delta Galil Industries, Ltd. (TASE: DELT) has acquired the brand and certain assets of Denmark-based Organic Basics to expand ethical underwear brand, the company said.
Terms of the deal were not disclosed.
The Danish digitally native brand is known for its sustainably, ethically made women's and men's underwear, activewear and base layers.
Delta Galil plans to bring this strong brand to consumers worldwide and to extend the Organic Basics product line to include items for babies and kids as well as additional items for women and men.
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