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  6. Martex Fiber Acquires JBM Fibers

M&A Deal Summary

Martex Fiber Acquires JBM Fibers

On June 25, 2013, Martex Fiber acquired apparel/textiles company JBM Fibers

Acquisition Highlights
  • This is Martex Fiber’s 1st transaction in the Apparel/Textiles sector.
  • This is Martex Fiber’s 1st transaction in the United States.
  • This is Martex Fiber’s 1st transaction in Texas.

M&A Deal Summary
Date 2013-06-25
Target JBM Fibers
Sector Apparel/Textiles
Buyer(s) Martex Fiber
Deal Type Add-on Acquisition

Target

JBM Fibers

Brownsville, Texas, United States
JBM Fibers, Inc. is a manufacturer of shoddy fiber. JBM Fibers is based in Brownsville, Texas.

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Buyer(S) 1

Buyer

Martex Fiber

Spartanburg, South Carolina, United States
Category Company
Founded 1970
Sector Environmental
DESCRIPTION

Martex Fiber sources textile waste primarily from large apparel manufacturing cut-and-sew operations and converts the waste into higher-valued remanufactured fiber materials. Martex Fiber was founded in 1970 and is based in Spartanburg, South Carolina.

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: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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