Renfro Corporation

Mount Airy, United States Founded: 1921 • Age: 105 yrs Acquired By Renco Group
Legwear products, including socks, are manufactured and designed.
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About Renfro Corporation

Renfro Corporation is a company based in Mount Airy (United States) founded in 1921 was acquired by Renco Group in June 2021.. The company has 1,311 employees as of December 31, 2021. Renfro Corporation has completed 2 acquisitions, including Hot Sox and Soffe. Renfro Corporation offers products and services including Socks and Legwear.

  • Headquarter Mount Airy, United States
  • Employees 1311 as on 31 Dec, 2021
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Renfro Llc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ITOCHU

    & 1 more

  • Employee Count
    1311

    as on Dec 31, 2021

  • Investments & Acquisitions
    Hot Sox

    & 1 more

  • Acquired by
    Renco Group

    (Jun 09, 2021)

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Products & Services of Renfro Corporation

Renfro Corporation offers a comprehensive portfolio of products and services, including Socks and Legwear. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Socks are manufactured and supplied for various uses in the apparel industry

Legwear is produced and distributed as part of the company's offerings in textiles

Funding Insights of Renfro Corporation

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2014 Amount Private Equity Round - Renfro Corporation Valuation ITOCHU
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Renfro Corporation

Renfro Corporation has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ITOCHU and Renco Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Diversified trading and procurement solutions are offered across multiple sectors.
Founded Year Domain Location
Diversified operations are maintained across various industries by Renco Group.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Renfro Corporation

Renfro Corporation has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hot Sox and Soffe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Internet first brand offering innerwear
1971
Internet first brand of sportswear apparel for men and women
1946
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Renfro Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Renfro Corporation Comparisons

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Competitors of Renfro Corporation

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Renfro Corporation

Frequently Asked Questions about Renfro Corporation

When was Renfro Corporation founded?

Renfro Corporation was founded in 1921 and raised its 1st funding round 93 years after it was founded.

Where is Renfro Corporation located?

Renfro Corporation is headquartered in Mount Airy, United States. It is registered at Mount Airy, North Carolina, United States.

Who is the current CEO of Renfro Corporation?

Stan Jewell is the current CEO of Renfro Corporation.

How many employees does Renfro Corporation have?

As of Dec 31, 2021, the latest employee count at Renfro Corporation is 1,311.

What does Renfro Corporation do?

Renfro Corporation was founded in 1921 and is headquartered in Mount Airy, United States. Operations focus on the manufacturing and design of legwear products within the apparel sector. Socks are produced for established brands such as Fruit of the Loom, Dr. Scholls, PoloRalph Lauren, Chaps, Carhartt, Russell, and additional partners. The company serves wholesale and retail distribution channels across domestic and international markets.

What products or services does Renfro Corporation offer?

Renfro Corporation offers Socks and Legwear.

How many acquisitions has Renfro Corporation made?

Renfro Corporation has made 2 acquisitions, including Hot Sox, and Soffe.

Who are Renfro Corporation's investors?

Renfro Corporation has 2 investors. Key investors include ITOCHU, and Renco Group.

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