# Padtex Insulation acquires 50% stake in McAllister Mills

Padtex Insulation acquired a 50% stake in McAllister Mills, Inc., an advanced materials manufacturer based in Independence, Virginia, USA. The partnership aims to expand thermal and fire protection systems globally.

- Type: Acquisition
- Announced: 2025-10-20
- Where: Independence, Virginia, United States
- Status: completed
- Products: thermal insulation systems, fire protection systems, heat shields, insulation jackets, fire blankets
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Padtex Insulation](https://endata.com/companies/88317.md) (acquirer)
- [McAllister Mills](https://endata.com/companies/88318.md) (target)

## Sources

- [padtex.lv](https://www.padtex.lv/news-and-insight/padtex-insulation-has-acquired-a-50-stake-in-mcallister-mills-inc-to-drive-innovation-in-advanced-thermal-and-fire-protection-systems), 2025-11-07: "The strategic partnership unites more than 220 employees across Europe and North America, and creates a new global platform for custom thermal insulation and fire protection systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.