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Knitting / Apparel

RVL Completes Acquisition Of F G Montabert And UPDL

RVL Inc., Westlake Village, Calif., announced it has completed the acquisition of F.G. Montabert Co. and its Asian subsidiary UPDL (Universal PackagingandDesign Ltd.).RVL is a leading supplier of apparel product identification. F.G. Montabert reported sales of $34 million in 1998.We are pleased to announce the completion of this transaction, as it represents a key component of RVLs growth strategy and provides a solid foundation for the companys future expansion, said Robert V. Lyle, RVLs president.F.G. Montabert has been a cornerstone in the domestic woven label industry for the past 100 years, and we look forward to merging our operations both in the U.S. and the Far East. The blending of these organizations will enhance our ability to service our growing customer base and provide improved operating efficiencies.

June 1999