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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

LYCRA Co. gains new equity ownership from financial institutions · Endata

◂ Announcements

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Jun 29, 2022ACQUISITIONWilmington, Delaware, United States

LYCRA Co. gains new equity ownership from financial institutions

The LYCRA Co. announced that a group of financial institutions (Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Ltd.) have gained full equity control of the company, following the conclusion of a receivership process related to loan defaults by former parent Ruyi Textile and Fashion International Group.

Status

Completed

Productsfibertechnology solutions for apparel

CompaniesThe LYCRA Company target Lindeman Asia investor Lindeman Partners Asset Management investor Tor Investment Management investor China Everbright Ltd. investor

Sectors#Industrial Textiles

“a group of financial institutions... have gained full equity control of the company”textileworld.com

1 source
textileworld.comThe LYCRA Co. Announces New Equity Ownership | Textile WorldJim BornemanJun 29, 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
Feb 14, 2022INVESTMENT$9.00M
HUGO BOSS and LYCRA Company invest in HeiQ AeoniQ sustainable yarn
The LYCRA Company partner HeiQ Plc investor prnewswire.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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