On February 6, Intradeco Apparel Inc. (hereinafter referred to as Intradeco), a casual clothing and underwear manufacturer, announced the acquisition of Indera Mills, one of the largest thermal underwear suppliers in the world. MMG Advisors, a New York-based investment banking firm, will represent Intradeco and assist in arranging and completing the transaction.
Upon completion of the transaction, Indera Mills will become a division of Intradeco. Its owner, John Willingham, will continue to serve as CEO. The financial terms of the transaction have not been disclosed.
Indera Mills was …