M&A Deal Summary

DuraFiber Technologies Acquires Diolen Industrial Fibers

On August 17, 2005, DuraFiber Technologies acquired apparel/textiles company Diolen Industrial Fibers

Acquisition Highlights
  • This is DuraFiber Technologies’ 1st transaction in the Apparel/Textiles sector.
  • This is DuraFiber Technologies’ 1st transaction in the United States.
  • This is DuraFiber Technologies’ 1st transaction in Alabama.

M&A Deal Summary

Date 2005-08-17
Target Diolen Industrial Fibers
Sector Apparel/Textiles
Buyer(s) DuraFiber Technologies
Deal Type Add-on Acquisition

Target

Diolen Industrial Fibers

Scottsboro, Alabama, United States
Diolen Industrial Fibers, Inc. manufactures fiber yarns.

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Buyer(S) 1

Buyer

DuraFiber Technologies

Huntersville, North Carolina, United States

Category Company
Sector Apparel/Textiles
DESCRIPTION

DuraFiber Technologies, Inc. is a producer of polyester fibers and fabrics for industrial and tire reinforcement applications.


DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1