Fashion
Sae-A Trading acquires Swisstex operations in El Salvador & US
Headquartered in Los Angeles, Swisstex specializes in advanced fabric knitting, dyeing and finishing processes and employs approximately 500 skilled professionals, of which about 300 are part of the acquired El Salvador operations. Swisstex’s innovations and accomplishments, with regard to wet processing, are well known throughout the industry, defining Swisstex as a global leader in sustainable textile manufacturing. The company offers specialized treatments, including moisture management, enhanced absorbency, UV resistance, and antimicrobial finishes.
Sae-A Trading has acquired Swisstex’s El Salvador manufacturing operations and US-based Swisstex Direct, expanding its capabilities in sports and performance apparel.
The acquisition strengthens Sae-A’s presence in the Americas following its Tegra integration.
Swisstex’s management and 500-member team will continue operations, ensuring innovation, sustainability, and quality across all facilities.
Through this acquisition, Sae-A Trading gains control of Swisstex El Salvador and Unique El Salvador, two highly regarded facilities known for their integrated production processes in knitting, dyeing, and finishing. These facilities utilize advanced automated technology and environmentally sustainable practices, while maintaining strong relationships with leading global apparel brands. Swisstex’s management team will remain in place post-acquisition at the Los Angeles manufacturing facility and the El Salvador facilities to be acquired by Sae-A Trading, to ensure continued operational excellence, consistent product quality, as well as continuity and commitment to its valued brand and retail partners and existing customer base.
Building on the successful integration of Tegra in 2024, this acquisition further strengthens Sae-A Trading’s production network in the Americas and advances its vision for global growth and industry leadership. Tegra is a prominent sportswear manufacturer with facilities in the United States, Honduras, and El Salvador. It aligns with Sae-A Trading’s vision for global expansion and industry leadership.
James Ha, CEO of Sae-A Trading, stated, “This acquisition marks an important milestone in our strategy to expand our global footprint and reinforce our leadership in the industry. By integrating Swisstex’s advanced production capabilities, we will better meet customer demand for innovative, high-quality apparel. Sae-A Trading brings nearly 40 years of textile industry experience, significant financial resources, extensive vertical integration, and a comprehensive global supply chain. Following the acquisition, we will invest further in technology, automation, and AI to enhance operational efficiency, increase production scale, and remain sharply focused on customer needs across all markets.”
Keith Dartley, President of Swisstex Direct, commented, “Sae-A Trading’s commitment to excellence and customer service aligns seamlessly with our own values, making them an ideal partner. We are confident this acquisition will benefit our employees, customers, and stakeholders, enabling us to effectively address future market opportunities and challenges.”
Founded in 1986, Sae-A Trading specializes in OEM/ODM apparel manufacturing and operates a highly integrated global supply chain. Its production facilities span North and Central America, including the United States, Costa Rica, Guatemala, Nicaragua, Haiti, El Salvador, and Honduras, as well as Southeast Asia, including Vietnam and Indonesia. The company emphasizes continuous innovation and exceptional service.
The selling owners were advised by Robert Rein of Rein & Associates as their legal advisor and by Servatius, O’Brien & Fong, LLP as their tax and accounting advisor.
Swisstex was established in 1996 and is a leader in knitting, fabric dyeing, and finishing. It has production sites in Los Angeles and El Salvador. The Los Angeles manufacturing facility will operate independently from the acquired Central American operations. Swisstex’s vertically integrated approach ensures exceptional quality, competitive pricing, rapid delivery, and dedicated customer service.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
The package establishes a modern framework for both sides, enabling frictionless access to a market of 460 million consumers in key sectors, delivering economic benefits to both parties.
European Commission President Ursula von der Leyen and Swiss President Guy Parmelin yesterday signed a broad package of agreements aimed at deepening and expanding EU-Switzerland ties.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides of the border.
Additionally, it will ensure more consistent rules for individuals who live, work or study across the EU-Swiss border. Switzerland will contribute to the development of legislation in the areas covered by the package and will have the opportunity to influence these rules as they are being designed.
“By modernising and deepening our ties across key sectors, from trade and transport to health and energy—we are strengthening legal certainty, fostering innovation and creating new opportunities for our citizens and businesses,” von der Leyen said in a release from the Commission.
The package includes updates to four already existing agreements, which already give Switzerland access to the EU internal market, regarding air transport, land transport, the free movement of persons and mutual recognition of conformity assessment.
New agreements on food safety, electricity, health and Switzerland’s participation in the EU Agency for the Space Programme were signed. A new agreement introduced a permanent and fair financial contribution by Switzerland to economic and social cohesion within the EU.
Apart from a protocol on parliamentary cooperation, the package includes also a joint declaration on the establishment of a high-level dialogue on the broad bilateral package.
Fibre2Fashion News Desk (DS)
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