M&A Deal Summary

Indorama Ventures Acquires DuraFiber Technologies

On December 1, 2014, Indorama Ventures acquired apparel/textiles company DuraFiber Technologies

Acquisition Highlights
  • This is Indorama Ventures’ 1st transaction in the Apparel/Textiles sector.
  • This is Indorama Ventures’ 2nd transaction in the United States.
  • This is Indorama Ventures’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2014-12-01
Target DuraFiber Technologies
Sector Apparel/Textiles
Buyer(s) Indorama Ventures
Deal Type Add-on Acquisition

Target

DuraFiber Technologies

Huntersville, North Carolina, United States
DuraFiber Technologies, Inc. is a producer of polyester fibers and fabrics for industrial and tire reinforcement applications.

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Buyer(S) 1

Buyer

Indorama Ventures

Bangkok, Thailand

Category Company
Founded 1994
Sector Chemicals
Revenue 541.5B THB (2024)
DESCRIPTION

Indorama Ventures is a petrochemical producers and a manufacturer of wool yarns. Indorama Ventures was founded in 1994 and is based in Bangkok, Thailand.


DEAL STATS #
Overall 2 of 8
Sector (Apparel/Textiles) 1 of 3
Type (Add-on Acquisition) 2 of 5
State (North Carolina) 1 of 1
Country (United States) 2 of 3
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-06 FiberVisions

Duluth, Georgia, United States

FiberVisions Corp. is a producer of polypropylene staple fiber for nonwoven fabrics and textile fibers used in consumer and industrial products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 Bangkok Polyester Public

Bangkok, Thailand

Bangkok Polyester Public Co., Ltd. is a manufacturer of polyethylene terephthalate resins for the food, drinks, cosmetics and medical industries.

Buy -