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  6. Fiberworx Acquires Troy

M&A Deal Summary

Fiberworx Acquires Troy

On September 4, 2020, Fiberworx acquired apparel/textiles company Troy

Acquisition Highlights
  • This is Fiberworx’s 1st transaction in the Apparel/Textiles sector.
  • This is Fiberworx’s 1st transaction in the United States.
  • This is Fiberworx’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2020-09-04
Target Troy
Sector Apparel/Textiles
Buyer(s) Fiberworx
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Troy

Harrisville, West Virginia, United States
Troy LLC is a manufacturer of non-woven fabrics, primarily used for liners & under-carpet mats in a variety of vehicles.

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Buyer(S) 1

Buyer

Fiberworx

Cleveland, Ohio, United States
Category Company
Sector Apparel/Textiles
DESCRIPTION

Fiberworx manufactures innovative nonwoven products that are on the major edge of acoustic and thermal protection in various markets.

DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: West Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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