# Ecofibre completes acquisition of TexInnovate

Ecofibre Ltd. completed the acquisition of the portfolio of businesses and assets of TexInnovate, its key manufacturing partner in North Carolina, which includes five businesses with high-performance textile expertise.

- Type: Acquisition
- Announced: 2020-09-15
- Where: North Carolina, United States
- Status: completed
- Products: high-performance textiles, hemp-based textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ecofibre Ltd.](https://endata.com/companies/49940.md) (acquirer)
- [TexInnovate](https://endata.com/companies/49941.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2020/09/ecofibre-completes-the-acquisition-of-texinnovate-and-announces-jeff-bruner-as-president-of-hemp-black/), 2020-09-15: "Ecofibre Ltd. is pleased to announce that it has completed the acquisition of the portfolio of businesses and assets of its key manufacturing partner in North Carolina."
- [textileworld.com](https://www.textileworld.com/textile-world/textile-news/2020/09/ecofibre-acquires-texinnovate/), 2020-09-30: "Ecofibre Ltd. — headquartered in the United States in Georgetown, Ky. — recently acquired the businesses and assets of TexInnovate, a key manufacturing partner in North Carolina comprised of five businesses."

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