alphabroder announced today the acquisition of Richmond Hill, Ontario-based supplier Ash City Worldwide (UPIC: ash0001). Alphabroder, headquartered in Trevose, Pennsylvania, recently rebranded from its prior name Broder Bros., Co. (UPIC: BRODER) to unite the company’s brands under a single umbrella and create simplified business practices and clear company messaging.
The companies will leverage alphabroder’s existing national distribution platform and Ash City’s brands, sourcing and design capabilities as well as its presence in Canada. Combined, alphabroder will supply trade, retail and private-label branded apparel, including t-shirts, outerwear, corporate apparel and fleece to the promotional and corporate apparel industry. alphabroder expects to leverage the broad suite of capabilities within both companies to better serve its customers.
“This transformational acquisition creates an industry leader that delivers a comprehensive selection of promotional apparel with an unmatched distribution network and customer support,” says Norman Hullinger, CEO of alphabroder. “For over 35 years, Ash City has demonstrated a commitment to excellence through its innovative products, strong customer service and expanding product portfolio.”
Garry Hurvitz, founder of Ash City Worldwide, is stepping down from the company in the transition. He says: “Over the past 42 years of my career, I have had the pleasure of building Ash City in partnership with a truly unique group of employees, customers and vendors. Without their support, ingenuity and hard work, Ash City would not have become the success that it is today. I would like to express my sincere thanks to all who have contributed to the success of Ash City, and I leave knowing that Ash City is now in the hands of the industry leader that will have a great North American presence.”
Read more about the acquisition in Tuesday’s PPB Newslink.