IMAP Netherlands is pleased to announce that it has supported HVEG Fashion Group in the acquisition of W Fashion Group.
With the acquisition of WFG in Maastricht, HVEG expands its product range and customer portfolio. WFG offers clothing and sportswear through licenses such as Lotto (Benelux) and the workwear license Stanley (EU) for clothing and shoes. Through Lumas International, a subsidiary of WFG, they supply home textiles including duvet covers, kitchen, and bath textiles. The integration of WFG within HVEG provides both companies the opportunity to benefit from each other’s knowledge and experience, becoming an even stronger player in the European fashion market.
HVEG, a group of internationally operating fashion companies, is renowned for its expertise in developing, sourcing, and marketing Private Label fashion products across multiple categories, including womenswear, menswear, children's clothing, baby apparel, and accessories. In addition to their Private Label business, HVEG engages in various brand activities, focusing on delivering high-quality, sustainable fashion solutions. The Company is committed to producing collections that are not only commercially viable but also sustainably manufactured. HVEG is dedicated to providing affordable fashion in an environmentally responsible manner, alleviating the challenges customers face in sourcing sustainable fashion.
The IMAP Netherlands team, led by Jeanluc Zeguers, Menno Huson, and Aster De Backer supported HVEG in this transaction and supported them in the preparation, negotiation, and successful completion of the transaction.