Business Services Industry
Israeli Textile Company Buys Canadian Company.(Brief Article)
Israel Business Today, January, 2000
Delta Galil Industries the leading manufacturer of textiles and underwear in Israel purchased a Canadian sock manufacturer, Dominion Hosiery Mills Inc. for $9.3 million. Delta is interested in purchasing additional North American textile plants as part of its strategic plan to increase sales of textiles, underwear and socks in North America.
Delta has found this market, while highly competitive, to be rewarding for high fashion women's ware and textiles of superior quality. Delta sells its products in almost all of North America's leading department stores and those looking for fashion and quality should look for the Delta Galil label.
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