M&A Deal Summary

Unifi Acquires National Spinning Co.

On April 12, 2018, Unifi acquired apparel/textiles company National Spinning Co.

Acquisition Highlights
  • This is Unifi’s 2nd transaction in the Apparel/Textiles sector.
  • This is Unifi’s 2nd transaction in the United States.
  • This is Unifi’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2018-04-12
Target National Spinning Co.
Sector Apparel/Textiles
Buyer(s) Unifi
Deal Type Add-on Acquisition

Target

National Spinning Co.

Washington, North Carolina, United States
National Spinning Co., Inc. is a provider of dyed and raw white (ecru) short staple and long staple spun yarns. National Spinning was founded in 1921 and is based in Washington, North Carolina.

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Buyer(S) 1

Buyer

Unifi

Greensboro, North Carolina, United States

Category Company
Founded 1969
Sector Apparel/Textiles
Employees2,700
Revenue 582M USD (2024)
DESCRIPTION

Unifi is a global textile solutions provider and one of the world's leading innovators in manufacturing synthetic and recycled performance fibers. Unifi's proprietary technologies offer increased performance, comfort and style advantages, enabling customers to develop products that perform, look and feel better. Unifi was founded in 1969 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: North Carolina M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-08-11 Spanco Yarns

Sanford, North Carolina, United States

Spanco Yarns is a manufacturer of covered yarns. Spanco Yarns is based in Sanford, North Carolina.

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