Industrial thread manufacturer Coats Group has acquired a footwear products supplier for $237m (£198m). Texon International ...
Coats Group acquires Texon, a developer of structural component materials, in a complementary addition to Coats’ existing ...
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Footwear solutions provider Texon International Group Ltd. PRICE: Enterprise value $237 million. FINANCING: Initially through a bridge financing facility. EXPECTED CLOSE: This month. RATIONALE: To ...
Coats Group, the industrial thread manufacturer, announced the acquisition of footwear solutions provider Texon International ...
BDA Partners and William Blair acted as financial advisors to Navis on the transaction. Rodney Muse, Managing Partner, Navis Capital, commented: “When we invested in Texon in 2016, we clearly saw the ...
Texon provides high quality structural components to the global footwear market and has a long heritage as a proven supplier to the world’s leading brands. The business is focused on sustainable ...
Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m.
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The acquisition of Texon will strengthen our existing presence in the highly attractive athleisure footwear market," said ...