# Coats acquires Texon International Group

Coats has acquired Texon International Group, a Hong Kong-based provider of structural component solutions for the footwear industry.

- Type: Acquisition
- Announced: 2022-07-06
- Where: Wanchai, Hong Kong, Hong Kong SAR China
- Value: $237.0M
- Status: completed
- Products: structural components for footwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Coats](https://endata.com/companies/23765.md) (acquirer)
- [Navis Capital Partners](https://endata.com/companies/35522.md) (partner)
- [Texon International Group](https://endata.com/companies/63978.md) (target)
- [Texon](https://endata.com/companies/73597.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/texon-international-group), 2022-07-06: "As of July 6th, 2022, Texon International Group was acquired by Coats."
- [avcj.com](https://www.avcj.com/avcj/news/3027289/navis-exits-hong-kongs-texon-to-global-strategic), 2023-11-08: "We believe the last six years with Navis has created a strong platform to continue driving sustainability and innovation."

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