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Navis to sell Texon to Coats Group
July 7th, 2022
Navis Capital Partners (“Navis”), has agreed to sell its stake in Torque Group International Fortune (“Texon”) to Coats Group plc (“Coats”), the thread manufacturer, for US$237m. Texon is a leading manufacturer of high performance, sustainable materials for footwear, accessories, and functional apparel.Rodney Muse, Managing Partner, Navis Capital, notes, “When we invested in Texon in 2016, […]
Coats to host sustainability webinar
March 1st, 2021
On March 12, 2021, Coats will host the live panel discussion “Targeting Circularity” with members from its sustainability delivery team. Panelists will explore Coats’ sustainability agenda, industry challenges and the shift towards circularity, and innovations to enable a more sustainable future. Headquartered in the U.K., Coats is a leading industrial thread business that employs 17,000 […]