RONALD BALINSKY ACQUIRES 50% STAKE IN BERLE MANUFACTURING COMPANY

by MR Magazine Staff


Charleston-based Berle Manufacturing Company, established in 1946, is excited to announce that Ronald Balinsky (above) has acquired a 50% stake in their company. This strategic partnership marks a significant milestone in Berle’s commitment to expanding and strengthening its business.

Ronald Balinsky is the owner of Montreal- and NYC-based Ballin, a leading pants manufacturer also founded in 1946 and also family-operated. He brings a wealth of knowledge and a visionary approach to the company. His investment in Berle underscores his belief in the company’s potential for growth and his commitment to helping guide it to new heights.

“I’m thrilled Berle is joining us at such a pivotal time,” said Balinsky. “The company has a rich history, and I see tremendous opportunities to build on that foundation. I look forward to working closely with the team to drive innovation, improve operational efficiencies, and expand our market reach.”

Berle has long been recognized for its dedication to quality and craftsmanship in the apparel industry. With four distinct brands under its umbrella (Berle, Vintage 1946, Charleston Khakis, and Barry Bricken), the company has built a very loyal customer base.

“We’re delighted to welcome Ronald as a partner,” said Eric Krawcheck (above), EVP of Berle. “His experience and strategic insights will be invaluable as we work to enhance our product offerings and strengthen our position in the market. Together, we are confident that Berle will emerge stronger and more competitive than ever. Together, we will drive our core values of quality, integrity, and customer satisfaction.”

The new partnership will allow Robert Stine to retire and see Eric Krawcheck continue the family tradition. The companies will leverage the new investment to explore opportunities in product development, expand digital presence, and enhance operational capabilities. Berle is poised to embrace the future with confidence and continue its legacy as a leader in the apparel industry.

 

8 Replies to “RONALD BALINSKY ACQUIRES 50% STAKE IN BERLE MANUFACTURING COMPANY”

  1. Congratulations to Eric KRAWCHECK and Ronald Balinsky on this exciting new partnership! We’re thrilled to see such a strong alignment of vision and values. Having worked closely with Berle for over a decade, we know this collaboration will further strengthen the company’s legacy of quality and innovation. We look forward to contributing to the continued success and growth of this remarkable team.

Comments are closed.