Pacific Brands is to buy the thermals and merino apparel businesses of one of New Zealand's oldest companies for $13.2 million.
The clothing, sportswear and homewares supplier has entered into an agreement to purchase Christchurch-based Arthur Ellis' bedwares division and Everwarm and Survival businesses by November 30.
Pacific Brands plans $13.2 million buy-up
AdvertisementAdvertise with NZME.