GERMANY - Steadfast Capital acquires Falk & Ross Group
Steadfast Capital has, alongside management, acquired a majority stake in clothing distributor Falk & Ross Group Europe GmbH for an undisclosed purchase price.
Falk & Ross is a B2B distributor of branded promotional apparel with a strong focus on the logistics industry. Products sold comprise t-shirts, polo shirts or sweaters as well as jackets, caps etc. With 380,000 catalogues printed per year, the group serves some 30,000 customers throughout Europe. Falk & Ross operates a logistics centre in Sembach and a warehouse in Barcelona and has sales subsidiaries in Belgium, France, Poland, Austria and Italy. Further sales offices are situated in the Netherlands, Denmark and Czech Republic.
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