Mainland Headwear to Acquire Accessories Maker
The headwear manufacturer will pay $7 million plus a possible $2 million earnout to buy St. Louis, MO-based accessories maker Aquarius, Ltd. from owner Alexander Schonwald. Mainland said the deal will diversify its revenue base and expand its business in the U.S. Aquarius has been operating for nearly 50 years selling licensed, private label and custom headwear, small leather ... Log in to view full article.