True Textiles - Ownership and Business Overview

Apparel/textilesCompany

True Textiles Ownership

Who owns True Textiles?

True Textiles is owned by Duvaltex. It was acquired on February 12, 2016.

Was True Textiles formerly PE-backed?

Yes. True Textiles was formerly owned by 1 private investor.

True Textiles Business Overview

Where is True Textiles headquartered?

True Textiles is headquartered in Grand Rapids, Michigan.

What sector is True Textiles in?

True Textiles is an apparel/textiles company.

When was True Textiles founded?

True Textiles was founded in 1865.

Apparel/textiles M&A Summary in 2016

Out of 60 sectors in the Mergr database, apparel/textiles ranked 32 in number of deals in 2016. The largest apparel/textiles acquisition in 2016 was The Donna Karan Company - which was acquired by G-III Apparel Group for $650M.

Join Mergr to view all 89 acquisitions of apparel/textiles companies in 2016, including 33 acquisitions by private equity firms, and 56 by strategics.

True Textiles, Inc.

5300 Corporate Grove Drive SE, Suite 2250,
Grand Rapids, Michigan 49512
United States,
(616) 554-2250
www.truetextiles.com

True Textiles, Inc. is a commercial contract manufacturer of interior fabrics and upholstery product for the office furniture industry, as well as a leading provider of specialized environmentally-friendly fabrics for automotive, healthcare, and hospitality solutions.


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