Printwear & Promotion The Total Promotional Package
Blue Point Capital Partners and its portfolio company Next Level Apparel have announced the acquisition of Germany-based Stedman, a designer, manufacturer and supplier of premium casual and sportswear blank apparel for the printwear industry.
Since 1953, Stedman has stood for top quality and ethically produced clothing across men’s, women’s and youth apparel – all of which are complementary with NLA’s product collections and reputation for superior quality, fit and style. With a distribution centre in Ghent, Belgium – and a market presence in over 40 countries – Stedman’s international foundation will serve as a critical accelerant to NLA’s strategic geographic expansion in Europe.
Stedman’s general manager, Marcel Schweigert, said: “The team at Stedman is excited to join ranks with Next Level Apparel, a strong partner and the perfect match, thanks to numerous synergistic qualities and values across both companies.
“This partnership opens up new growth opportunities for everyone involved, and I am personally thrilled to be part of it, not only as a stakeholder but also as a shareholder.”
Founded in 2003, NLA is a leading designer, manufacturer and supplier of premium blank apparel for the printwear, retail, brand specialty and other decorated apparel markets.
NLA CEO, Randy Hales, added: “The Stedman team has built a strong brand and a culture of excellence, and we’re excited to have them join Next Level Apparel. This partnership presents a great opportunity to expand and diversify both organizations’ footprints across Europe and the US.”
