December 26, 2014 1:50 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Sheridan Australia Pty Ltd

Company Overview

Sheridan Australia Pty Ltd designs and manufactures bedroom products. Its products include quilt covers, sheets and pillow cases, quilts, design accessories, and underlays and protectors. The company also provides bath towels, robes, beach towels, and bed accessories. It offers products through its boutiques and factory outlets; and independent retailers, as well as online. The company was founded in 1959 and is based in Sydney, Australia. As of September 26, 2005, Sheridan Australia Pty Ltd operates as a subsidiary of Pacific Brands Limited.

Level 6

45 Jones Street

Ultimo

Sydney, NSW 2007

Australia

Founded in 1959

Phone:

61 2 8668 3200

Fax:

61 2 8668 3311

Key Executives for Sheridan Australia Pty Ltd

General Manager
Compensation as of Fiscal Year 2014.

Sheridan Australia Pty Ltd Key Developments

Furthur Updates on Strategic Review of Pacific Brands

Macquarie Capital is believed to have drawn up a plan to sell Pacific Brands' flooring business, its Brand Collective division (formerly known as homewares, footwear and outerwear) and the workwear businesses, which comprises the iconic Hard Yakka and King Gee brands. There has also been speculation that Macquarie may recommend the sale of Pacific Brands' biggest and most valuable brands, Bonds and Sheridan. However, shareholders said that if Pacific Brands sold Bonds and Sheridan, which account for more than 30% of sales and 50% of earnings, it may as well break up the entire business. "If you're going to do that you may as well sell the whole thing," said another fund manager, who declined to be named. Speculation, that Pacific Brands may be considering wholesale changes to its portfolio, emerged in July.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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