In a press release issued this week, International Textile Group (ITG) announced that its Burlington WorldWide division has agreed to purchase the business of Cleyn & Tinker, the leading Canadian worsted wool manufacturer.
"The addition of this business allows us the opportunity to expand our capabilities and offer our customers the highest quality and selection of worsted wool fabrics," stated ITG President and CEO, Joseph L. Gorga.
Kenneth T. Kunberger, President of Burlington WorldWide continued, "The combination of these businesses provides us the ability to further develop classic and performance-driven fine wool products that bring value to our customers? brands."
Established in 1930, Cleyn & Tinker is headquartered in Quebec, Canada, and is a leading producer of 100-percent worsted wool and wool blend fabrics for the menswear, womenswear and career apparel sectors.
Burlington WorldWide owns and operates mills in North Carolina, Virginia and Mexico, and coordinates a network of international mill partners based out of Hong Kong.
The financial terms of the deal have not been disclosed.