# Inditex signs €100M supply deal with Infinited Fiber Company

Inditex committed to a three-year partnership worth over €100 million to buy 30% of Infinited Fiber Company's future production of Infinna recycled fiber. The deal supports Infinited Fiber's first large-capacity factory, expected to open in 2024.

- Type: Contract
- Announced: 2022-05-13
- Value: $105.0M (100.0M EUR)
- Status: announced
- Products: Infinna recycled fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Inditex](https://endata.com/companies/30463.md) (customer)
- [Infinited Fiber Company](https://endata.com/companies/41376.md) (supplier)

## Sources

- [theindustry.fashion](https://www.theindustry.fashion/inditex-signs-e100-million-deal-to-buy-infinna-upcycled-textile-fiber/), 2022-05-13: "We truly believe innovation is key for the competitive circular future of the fashion industry."
- [fashionunited.uk](https://fashionunited.uk/news/business/inditex-signs-100-million-euro-supply-deal-with-infinited-fiber-company/2022051363072), 2022-05-13: "We truly believe innovation is key for the competitive circular future of the fashion industry."

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