BB's Stock Haven

[pennylover]

ENCB:.02-Merger news just out.Tiny float.
Jan 05, 2015 (ACCESSWIRE via COMTEX) -- Encore Brands completes acquisition of apparel manufacturer Northridge Mills

SANTA MONICA, CA / ACCESSWIRE / January 5, 2015 / Effective January 1st, Encore Brands' (OTC: ENCB) wholly owned subsidiary Encore Brands Apparel Group, Inc has completed its acquisition of Northridge Mills from Northridge Mills Holdings, Inc.

The contract manufacturer, located in the city of San Fernando for more than 50 years, produces knits, sports, and swimwear for such leading brands as Oakley, Mizuno, and Velvet by Graham & Spencer.

After working with Northridge for the last 12 months, including providing financing through its relationship with TCA Global Credit Master Fund, it's clear the necessary improvements to its management and culture are now in place to take advantage of the renewed appreciation for U.S. manufactured goods.

With annual revenue of 5 million US dollars in fiscal 2013, the apparel group will look to grow the Northridge business organically through its existing customer base as well as adding new relationships.

As the company's activities during the past year come to fruition and are combined with the operations of Northridge Mills, Encore looks forward to fully executing on it's brand development and management strategy in 2015.

About Encore Brands, Inc.

Encore Brands, Inc. (ENCB) is a Nevada Corp. with offices in Santa Monica, California. The company was founded with the desire to create, acquire and license unique consumer brands. By leveraging a network of distributors and sales people, Encore Brands is creating and managing a brand portfolio that will be distributed directly and through third parties domestically and internationally.

About Northridge Mills

Now under its third generation of management, Northridge Mills has been providing quality apparel manufacturing in the same location since 1958. With over 150 skilled operators, top of the line equipment, and decades of experience, the most discerning customers rely on Northridge Mills for their production. The companies broad capabilities in men's and women's knit sportswear with a focus on active and swimwear has made Northridge Mills one the top domestic resources for some of the largest brands in the world. For more information, go to www.northridge-mills.com.

Forward Looking Statements

This report includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Encore Brands or its management "believes", "expects", "anticipates", "foresees", "forecasts", "estimates", or other words or phrases of similar import. Similarly, statements herein that describe Encore Brands business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. We urge you to carefully consider any and all important factors that could cause actual results to differ materially from the expectations of Encore Brands or its management.

For information contact Alex McKean at [e-mail].

SOURCE: Encore Brands, Inc.

http://www.accesswire.com/img.ashx?id=424549

Copyright 2015 ACCESSWIRE

-0-