# AYK International acquires SRTX Group (Sheertex) in BIA transaction

SRTX Group, known for Sheertex rip-resistant tights, was acquired by AYK International Inc. in a pre-packaged share deal under the Bankruptcy and Insolvency Act. The transaction closed on February 26, 2026.

- Type: Acquisition
- Announced: 2026-02-26
- Where: Canada
- Status: completed
- Products: rip-resistant tights
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [SRTX](https://endata.com/companies/75398.md) (target)
- [AYK International](https://endata.com/companies/90731.md) (acquirer)

## Sources

- [osler.com](https://www.osler.com/en/about-us/representative-work/srtx-group/), 2026-03-05: "The transaction closed two days after obtaining court approval."

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