Supplier Alliance Mercantile Acquires Boardroom Custom Clothing
MIK Industries, parent company of supplier Burnaby, British Columbia-headquartered Alliance Mercantile, Inc. (AMI) (PPAI 263437), has acquired supplier Boardroom Custom Clothing and Eco-Apparel (PPAI 214844). Financial terms of the transaction were not disclosed.
The merger advances Alliance Mercantile’s position in the industry. Doug Bell, CEO of AMI, says, “I believe that the combined resources of AMI and Boardroom will provide a unique combination of apparel options to distributors in the ad spec and promotional products marketplace. Mark Trotzuk [Boardroom co-founder] has consistently brought cutting edge, contemporary and innovative designs to our industry and Mark plans to continue to take Boardroom and AMI in new directions to keep pace with the ever-changing apparel requirements that end users are demanding.”
Vancouver, British Columbia-based Boardroom was founded in 1996 by Trotzuk and Lan Tran—who retired in June—and in 2005, it transformed its supply chain to mitigate its environmental impact. Most of its fabrics are derived from recycled polyester.
“Having access to AMI’s large distribution network, sales force, and 250,000 square feet of office and warehouse space across North America will help to service our existing customers in Canada and the USA,” says Trotzuk. “It will be so nice to have an office and warehouse in Washington State to support our U.S. customer base and to warehouse inventory from our Vancouver and offshore apparel manufacturing facilities.”
The acquisition of Boardroom pushes MIK/Alliance Mercantile’s total revenues to close to $100 million. Boardroom will remain independent as a division of Alliance Mercantile. All of Boardroom and Alliance Mercantile’s promotional products and uniform business will be handled and serviced through Boardroom’s Vancouver office and supported through Alliance Mercantile’s distribution centers and sales force.