# Fiberworx acquires Troy LLC

PET Fiber, LLC (Fiberworx) acquired Troy, LLC, a manufacturer of non-woven fabrics for automotive liners and under-carpet mats. The acquisition closed on August 4, 2020. Terms were not disclosed.

- Type: Acquisition
- Announced: 2020-08-04
- Where: Harrisville, West Virginia, United States
- Status: completed
- Products: non-woven fabrics, liners, under-carpet mats
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Troy Corp](https://endata.com/companies/35914.md) (target)
- [PET Fiber](https://endata.com/companies/48712.md) (acquirer)
- [Fiberworx](https://endata.com/companies/49835.md) (acquirer)

## Sources

- [dallas.citybuzz.co](https://dallas.citybuzz.co/article/627140/generational-equity-advises-troy-in-sale-to-fiberworx), 2020-08-04: "We are forging a new company with enhanced experience, expertise, and capability."
- [collisionrepairmag.com](https://www.collisionrepairmag.com/home/article/15758145/generational-equity-advises-troy-llc-in-sale-to-fiberworx), 2020-09-05: "We are forging a new company with enhanced experience, expertise, and capability."
- [nonwovensnews.com](https://www.nonwovensnews.com/2020/09/10/fiberworx-acquires-automotive-nonwovens-firm/), 2020-09-10: "Fiberworx has acquired West Virginia-based Troy LLC, a manufacturer of nonwoven fabrics, primarily used for liners and under carpet mats for the automotive sector."

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