# Indorama Ventures acquires Tollegno 1900 Yarn Division

Indorama Ventures Public Company Limited has agreed to acquire the Yarn Division of Tollegno 1900 S.P.A., including a dyeing plant in Tollegno, spinning and treatment plants in Poland, and brands. The transaction is expected to close within the first half of 2022.

- Type: Acquisition
- Announced: 2022-03-09
- Where: Tollegno, Italy, Italy
- Status: announced
- Products: yarn, wool products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (acquirer)
- [Tollegno 1900](https://endata.com/companies/61513.md) (target)

## Sources

- [tollegno1900.it](https://www.tollegno1900.it/tollegno-1900-yarn-division-acquired-by-indorama-ventures/), 2022-03-09: "The transaction, which should be closed within the first half of 2022, will be a sign of continuity for both human resources and production spaces kept in the territory."

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