Superior Group's BAMKO Acquires Sutter's Mill Specialties

Superior Group Of Companies Inc's SGC branded merchandise division, BAMKO LLC, has acquired substantially all the assets of Sutter's Mill Specialties Inc. The terms of the transaction were not revealed.
Sutter's Mill, a branded merchandise company, had a trailing twelve-month non-PPE revenue of $24.5 million.
The transaction closed effective as of December 1, 2021.
"We will immediately begin offering unique and custom capabilities to our entire customer base, making us a more capable and valuable partner in ways we can support their businesses," said Jake Himelstein, President of BAMKO.
Superior held $6.4 million in cash and equivalents as of September 30, 2021.
Price Action: SGC shares are trading higher by 1.40% at $22.47 on the last check Monday.

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