Investment Summary

Textile Rubber & Chemical Invests In SynLok Technologies

On October 3, 2022, Textile Rubber & Chemical invested in chemicals company SynLok Technologies

Investment Highlights
  • This is Textile Rubber & Chemical’s 1st transaction in the Chemicals sector.
  • This is Textile Rubber & Chemical’s 1st transaction in the United States.
  • This is Textile Rubber & Chemical’s 1st transaction in North Carolina.

Investment Summary

Date 2022-10-03
Target SynLok Technologies
Sector Chemicals
Investor(s) Textile Rubber & Chemical
Deal Type Stake Purchase

Target

SynLok Technologies

Hiddenite, North Carolina, United States
SynLok Technologies is an eco-friendly manufacturer of non-hazardous polyurethane adhesives used for the installation and repair of synthetic turf systems. SynLok Technologies is based in Hiddenite, North Carolina.

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Investor(S) 1

Investor

Textile Rubber & Chemical

Dalton, Georgia, United States

Category Company
Founded 1951
Sector Chemicals
DESCRIPTION

Textile Rubber & Chemical Co., Inc. is a provider of latex to the emerging tufted carpet and rug industry. TRCC focus on research and development, maintaining outstanding quality standards and providing superior service to its customers and their markets. Textile Rubber & Chemical Co., Inc. was founded in 1951 and is based in Dalton, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Stake Purchase) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1