ENRO HOLDING BUYS ENRO SHIRT AND FOXCROFT
Enro Holding Corp said it acquired Enro
Shirt Co and Foxcroft Ltd from Wilson Bros for 30 mln dlrs.
     Enro Holding is owned 50 pct by investors and 50 pct by
management and others. The investor group bought 50 pct of the
common equity and supplied five mln dlrs in mezzanine
financing. Management bought the other 50 pct. Congress
Financial Group supplied 28 mln dlrs in senior financing and
the seller took back a note for 12.1 mln dlrs.
    Enro Shirt has annual sales of about 42 mln dlrs and
Foxcroft has sales of about 13 mln dlrs.
 Reuter
