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  6. Meridian Industries Acquires Astro Dye Works Inc

M&A Deal Summary

Meridian Industries Acquires Astro Dye Works Inc

On April 2, 2001, Meridian Industries acquired apparel/textiles company Astro Dye Works Inc

Acquisition Highlights
  • This is Meridian Industries’ 1st transaction in the Apparel/Textiles sector.
  • This is Meridian Industries’ 1st transaction in the United States.
  • This is Meridian Industries’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2001-04-02
Target Astro Dye Works Inc
Sector Apparel/Textiles
Buyer(s) Meridian Industries
Deal Type Add-on Acquisition

Target

Astro Dye Works Inc

Valdese, North Carolina, United States
Astro Dye Works is a manufacturer of Space dyer of a wide variety of yarns and a processor of novelty yarns for the automotive and other end markets.

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Buyer(S) 1

Buyer

Meridian Industries

Milwaukee, Wisconsin, United States
Category Company
Founded 1943
Sector Apparel/Textiles
DESCRIPTION

Meridian Industries, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of soft goods, liquids, disposables, textile finishes, rubber and thermoplastic tubing, high-performance materials, and dyed yarn.

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: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2001 M&A 1 of 1
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