Mr. Jeff Fenech, co-founder of J.America, will lead the new company's Wholesale Blanks division, which supplies product under the J.America label to wholesale distributors and decorators across the country. Fenech has more than two decades of experience in this sector and is poised to continue its double-digit growth. "We couldn't be more excited about the merger," said Fenech. "It will allow us to offer even more innovative products and designs to the market."
This merger is all about our customers and partners," said Chip Chaikin, Partner at Blue Point. "As brand management becomes increasingly critical to licensed programs, this combination creates a company with industry-leading resources, experience, and people. With a full range of products, broad distribution reach and a culture of flexibility, the new company can meet the needs of our customers, however they evolve."
Top of the World, LLC has led the collegiate headwear market for over three decades and is a clear leader in both product and design. J. America, with its innovative programs for The Ohio State University and John Deere, has established leadership as a single-source licensed apparel company. With the combination of these capabilities, Top of the World Holdings, LLC is now one of the largest and most diversified suppliers within the collegiate licensing and broader headwear and apparel industry.
Jeff Radway, J-America Co-Founder, will have a significant investment in the combined company. He plans to relinquish control of day to day operations but will serve on the board of directors and as a strategic advisor. Pete Ruhala, a J-America Co-Founder will continue to lead the local Sportswear business of the combined company. Ben Turner and William Pope will each continue in their existing roles as well.
The planned merger is scheduled to close by the end of January. The combined business will include four distribution facilities across Oklahoma and Michigan, a design center in Columbus, Ohio, a sales office in North Carolina, and a Hong Kong-based sourcing office.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/top-of-the-world-and-j-america-climb-higher-offer-industry-a-one-stop-solution-for-headwear-and-apparel-300391328.html
SOURCE J. America, Inc.