Huvis acquires 25% stake in US smart textile startup Soliyarn

Huvis, through its investment subsidiary Huvis Global, signed an agreement to purchase a 25% stake in Soliyarn, a US advanced smart textile startup. The deal was announced on May 3, 2022.

“Huvis (CEO: Shin, You Dong, 079980) specializing in chemical and fiber materials announced on the 4th that it had signed an agreement with Soliyarn, a U.S. advanced smart textile startup, to purchase a 25% stake in the company through its investment subsidiary Huvis Global.”marketscreener.com

• 3 sources
• marketscreener.comHuvis : Acquires 25% Stake of U.S. Smart Textile Startup Soliyarn | MarketScreenerPublicnowMay 3, 2022
• huvis.comHUVISMay 4, 2022
• sedaily.com휴비스, 美스마트섬유 스타트업 ‘솔리얀’ 지분 25% 인수 | 서울경제김기혁 기자May 4, 2022

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