Hanes eyes supply chain savings with Bonds buy

Adam Leach is a freelance business journalist
2 May 2016

US apparel manufacturer and marketer HanesBrands will use its global scale and supply chain to maximise the profitability of its purchase of Pacific Brands, Australia's biggest home furnishing and underwear manufacturer. 

Announcing the $800m all-cash acquisition of brands such as Bonds, Berlei and Jockey, the company highlighted the scope of savings and synergies from the deal by combining spending and bolstering its in-house manufacturing operation with Pacific Brands. The deal will significantly increase Hanes’ standing in Australasia, with Pacific Brands holding the top spot in both Australia and New Zealand.

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