# Nippon Steel Trading and Mitsui & Co to integrate textile businesses

Nippon Steel Trading and Mitsui & Co have agreed to integrate their textile businesses, forming a new joint venture by January 2022, with equal ownership, to strengthen operations amid the pandemic.

- Type: Partnership
- Announced: 2021-02-03
- Where: Japan
- Status: announced
- Products: textile products (OEM and procurement/sales)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Mitsui & Co.](https://endata.com/companies/10710.md) (partner)
- [Nippon Steel Trading Corporation](https://endata.com/companies/15212.md) (partner)
- [Mitsui & Co I-Fashion Ltd](https://endata.com/companies/53016.md) (partner)

## Sources

- [online.logi-biz.com](https://online.logi-biz.com/36401/), 2021-02-03: "日鉄物産は2月3日、三井物産と繊維事業の統合で基本合意したと発表した。"

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