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Delta swoops for Karen Neuberger brand
Tuesday, 05 July 2011

Tel Aviv ? The acquisition strategy of seamlesswear and sock manufacturer Delta Galil has taken a further step with the purchase of troubled sleepwear company KN Karen Neuberger for US$4 million.

Over the last couple of years Israel-based Delta Galil has identified both organic growth and expansion through acquisition as key elements of its future development, a strategy that also saw it buy fellow Israeli sock manufacturer Gibor Sports.