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HUGO BOSS and LYCRA Company invest in HeiQ AeoniQ sustainable yarn · Endata

◂ Announcements

Feb 14, 2022INVESTMENT

HUGO BOSS and LYCRA Company invest in HeiQ AeoniQ sustainable yarn

HUGO BOSS invested $5 million in HeiQ AeoniQ LLC, with an additional $4 million subject to milestones, and The LYCRA Company made a significant undisclosed investment to become exclusive distributor of HeiQ AeoniQ cellulosic yarn for textile applications.

Value

$9.00M

Status

Announced

ProductsHeiQ AeoniQ cellulosic yarn

CompaniesThe LYCRA Company partner HeiQ Plc investor HUGO BOSS investor HeiQ AeoniQ LLC target

Sectors#Industrial Textiles

“HUGO BOSS setzte sich an die Spitze des Rennens um die Einführung von HeiQ AeoniQ-Garnen und investierte 5 Mio. USD in die HeiQ AeoniQ LLC sowie weitere 4 Mio. USD”prnewswire.com

1 source
prnewswire.comHeiQ AeoniQ, das „bahnbrechende" dekarbonisierende Garn, wird von HUGO BOSS und The LYCRA Company gefördert.HeiQ Materials AGFeb 14, 2022

Summarized from public sources; check the original articles before acting on it.

More from The LYCRA Company

Jun 30, 2022ACQUISITION
LYCRA Company gains new equity ownership from financial institutions
The LYCRA Company target Lindeman Asia investor fiberjournal.com
Jun 30, 2022ACQUISITIONUnited States
Lenders take over Lycra from Shandong Ruyi after default
Shandong Ruyi Group acquirer The LYCRA Company target wwd.com
Jun 29, 2022ACQUISITIONWilmington, Delaware, United States
LYCRA Co. gains new equity ownership from financial institutions
The LYCRA Company target Lindeman Asia investor textileworld.com
Jul 16, 2021PARTNERSHIP
HeiQ and LYCRA Company collaborate on textile technologies
HeiQ Plc The LYCRA Company partner investegate.co.uk
Sep 3, 2019NEW FACILITYYinchuan, Ningxia Hui Autonomous Region, China$112.0M500 jobsops 7 Nov 2025
Lycra opens largest spandex plant in Yinchuan, China
The LYCRA Company Yinchuan Financial Capital Investment Group partner wwd.com
Jul 30, 2019INVESTMENTChina
Ruyi Group plans to list Lycra Company on China's STIB
Ruyi Group The LYCRA Company investor ww.fashionnetwork.com

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