# Coats Group acquires Patrick Yarn Mill

Coats Group acquired Patrick Yarn Mill Inc., a manufacturer of high-performance engineered yarns specializing in cut-resistant and flame retardant yarns.

- Type: Acquisition
- Announced: 2018-02-28
- Where: Kings Mountain, North Carolina, United States
- Status: completed
- Products: high-performance engineered yarns, cut-resistant yarns, flame retardant yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Coats](https://endata.com/companies/23765.md) (acquirer)
- [Patrick Yarn Mill](https://endata.com/companies/28803.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/features/2018/02/textile-investment-trend-continues/), 2018-02-28: "Patrick Yarn Mill is an exciting acquisition that supports a key aspect of our growth strategy."
- [textileworld.com](https://www.textileworld.com/textile-world/textile-news/2018/02/patrick-yarn-mill-acquired-by-coats/), 2018-02-28: "Patrick Yarn Mill is an exciting acquisition that supports a key aspect of our growth strategy: to identify innovation synergies that build scale in high technology sectors."

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