Received some great news today that Massif will be purchased by Samtech LLC. Massif has long been at the forefront of providing FR clothing systems to the US military.
Massif Mountain Gear Company L.L.C., the flame resistant clothing company, announced yesterday that Samtech, LLC was the successful bidder at a Section 363 sale auction to acquire substantially all of Massif’s operating assets. Samtech, LLC is affiliated with Antex Knitting Mills/MatchMaster Dyeing & Finishing, Inc. based in Los Angeles, California. The acquisition enhances Massif’s supply chain through vertical integration, product innovation and rapid prototyping capabilities, while providing Antex/MatchMaster with an expanded infrastructure to meet the global needs of the civilian & military flame resistant clothing industry. The Massif brand will be maintained.
“The Massif team is thrilled to solidify our long standing relationship with our most important supplier. This acquisition will be seamless to our customers” said Noelle Christensen, VP/GM Massif. “The Antex team has been a huge part of our business since its start so we’re looking forward to growing the business together.”
“The Antex/MatchMaster team has worked closely with Massif for many years on development and production of flame resistant fabrics and garments. We are very excited about this acquisition.. It is a natural outgrowth of our long-standing partnership and we look forward to our next phase as one team.” Bill Tenenblatt, Vice President Samtech.
The sale to Antex is subject to the approval of the Bankruptcy Court at a hearing on August 22, 2014 and is expected to be finalized within the next two weeks.
