Italy Aquafil, Which Has The Patent Of Environmentally-Friendly Recycled Nylon, Bought Us Yarns O 'Mara For Us $40 Million 500 Thousand.
Italy nylon yarn manufacturer Aquafil S.p.A. announced in May 31st that it has acquired the O "Mara Inc. 100%" stake in the US yarn manufacturer at a price of US $40 million 500 thousand, through the group's US subsidiary Aquafil USA Inc..
O 'Mara was founded in 1970. It mainly produces nylon, polypropylene and polyester fibers. Material Science Its factory is located at Rutherford College, North Carolina. In 2018, the turnover of O 'Mara was US $40 million 100 thousand, and its profit margin was equal to that of Aquafil Group.
Founded in 1969, Aquafil is one of the leading nylon producers in Italy and the world. There are 16 factories in the world, which are distributed in 8 countries, namely, Italy, Germany, Scotland, Slovenia, Croatia, the United States, Thailand and China. The total number of employees is over 2800.
Aquafil said in a press release that the market position of O 'Mara is exactly the same as that of Aquafil group. This compatibility will speed up the globalization process of Aquafil textile business and its patents. brand The development of ECONYL and Dryarn products is also very useful.
ECONYL is a Aquafil recycled nylon that is recovered from landfills and marine refuse. Its raw materials include fishing nets, fabric waste, carpet floor and industrial plastics.
Dryarn is an innovative type of super fiber for high performance. Underwear Sportswear and some wearable high-tech applications are characterized by extreme conditions. O 'Mara will provide a wider range of products to promote the further development of sportswear, socks, fashion and accessories market in the United States.
As O 'Mara's production activities in the United States, through this spanaction, Aquafil group will also benefit from trade agreements between the United States and certain central and South American countries (CAFTA), which can be exempt from customs duties when they produce garments from the original yarn of the United States.
It is reported that Aquafil's private bonds subscribed through Pricoa Capital Group provide funding for the acquisition, with a total value of 40 million euros, with a term of 10 years. Pricoa Capital Group is a member of the American insurance group Prudential Financial Inc..
- Related reading
- Shoe Express | EU Extended The Ban On Fumaric Acid Two Methyl Ester Export To China'S Footwear Industry
- Footwear industry dynamics | 特步不走尋常路 別樣布展取得成功
- Local industry | Imports And Exports Of Shoes And Other Products Continued To Grow Rapidly In The First Quarter Of Ningbo.
- Footwear industry dynamics | Private Shoe Enterprises Turn Around &Nbsp; Quality Becomes The First Element.
- Receptionist skills | Four Points To Pay Attention To Office Etiquette
- business etiquette | Saving Time: The Key To Call Back
- Workplace planning | Why Should We Focus On Career Maturity?
- Investment leisure | India Asks The Government To Care About Clothing Exporters.
- News and information | Japanese Women'S Wear Chain Stores Enter The Domestic Market
- Instructions for foreign trade | Differences In Measurement Units Due To Different Systems Of Countries.
- Peixian Creates Green Textile Industry To Reproduce Hengfeng Speed
- Clothing Industry "Shuffle" Fast Fashion Burn Or Sell?
- Nantong Home Textile City Industry Spanformation And Upgrading Usher In "Sunny Day"
- Let'S Invest In About 30000000000 And Pledge To Become China'S "Nike And Adi" Clothing Magnate.
- 2019 Love Yoga Series: Brown Red Release.
- What Color And Cool Clothes Do You Wear In Summer?
- Is Chiffon Worn Hot In Summer? Is Chiffon Sweater Stuffy?
- The Goal Is To Become The Fashion Center Of Poland. European Textile Center, Which Is Spanforming Climax, Rhodes
- Snapping Up Cross Border Joint Funds Cited Hot Chinese Young Generation To Become A New Consumption Engine
- Ouyang And Nana Joined The Summer Of The Band.