Grupo Karim's To Acquire Jockey De Honduras
Grupo Karim's, Honduras, has announced plans to acquire Kenosha, Wis.-based Jockey International's
Jockey de Honduras production facilities, with closing expected by December 2013. The operation is
expected to become a strategic supplier of Jockey in the Western Hemisphere. Jockey plans for its
supply chain to be 100-percent globally sourced in 2014.
Grupo Karim's notes that the acquisition will also complement its own textile operations including yarn, chemicals, fabric and sewing capacity. Earlier this year, the company acquired warp and circular knit textile mill Woong Chun Honduras, now known as Pride Performance Fabrics, which can process more than 5 million pounds of cotton and synthetic fabrics monthly.