Home breadcru News breadcru Company breadcru NES Clothing acquisition by Broder Bros completed

NES Clothing acquisition by Broder Bros completed

09 Nov '05
2 min read

Broder Bros Co owns and operates three leading brands in the imprintable sportswear announced results for its third quarter ended September 24, 2005. The Company acquired NES Clothing Company on August 31, 2004. Actual results reported herein include the results of NES since the date of acquisition. Pro forma results reflect the combined operations of Broder Bros., Co. and NES as if the acquisition of NES had occurred on the first day of fiscal year 2004.

On November 23, 2004, the Company issued an additional $50.0 million aggregate principal amount of its 11 1/4 percent Senior Notes due 2010 (the "Notes"). Pro forma results reflect the interest impact of the Notes and corresponding reduction in borrowings under the Company's line of credit as if the issuance of the Notes had occurred on the first day of fiscal year 2004.

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Headquarters in Plymouth, Michigan, and 10 distribution centers throughout the country, Broder has the largest combined one- and two-day shipping areas in its industry.

Broder ensures its products are available to its customers and carries a broad collection of tees, sport shirts and fleece, as well as a full range of corporate apparel including jackets, sweaters and dress shirts. Broder also has its own private-label brand, Luna Pier.

Broder Bros Co

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