# Coats Group in talks to acquire Yuyoung Industrial from VIG Partners

UK-based textile giant Coats Group has begun due diligence to acquire Yuyoung Industrial, a South Korean shoe material maker, from private equity firm VIG Partners. The deal is valued at over KRW 150 billion.

- Type: Acquisition
- Announced: 2026-03-04
- Where: Busan, South Korea (headquarters); production bases in Vietnam and Indonesia, South Korea
- Value: $115.0M (150.0B KRW)
- Status: rumored
- Products: shoe materials, functional fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Coats](https://endata.com/companies/23765.md) (acquirer)
- [Yuyoung Industrial](https://endata.com/companies/90682.md) (target)
- [VIG Partners](https://endata.com/companies/90683.md) (partner)

## Sources

- [signalm.sedaily.com](https://signalm.sedaily.com/article/20015181), 2026-03-04: "코츠가 최근 인수한 신발 관련 기업들의 에비타 대비 기업가치 배수(멀티플)는 10배 이상이었다."

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