Web Exclusive | April 2017
Sobel Westex acquires Baltic Linen
Sobel Westex, a designer, manufacturer, and distributor of linen and terry, will acquire Baltic Linen Co Inc, a supplier of bed and bath textiles for retail, cruise lines, healthcare, and hospitality industries. The acquisition of Baltic Linen will result in making Sobel Westex one of the world’s largest global textile companies. The acquisition joins two dominant textile companies to create a US-based, global enterprise that will be highly competitive across all textile sectors, according to the company.
Walter Pelaez, CEO of Sobel Westex said that Baltic, a trendsetter in the retail and hospitality textile sectors, will propel Sobel Westex to the top of the market, solidifying both their position and brand in the textile industry across their market segments.
The combined strength of these two companies is a game changer that will allow Sobel Westex to increase their design mix and product offering, giving them the ability to better serve their domestic and international markets, creating an exciting opportunity for both their customers and company.