# Hanes Geo Components to acquire Nilex

Hanes Geo Components, a subsidiary of Leggett & Platt, reached an agreement to acquire the majority of the business and assets of geotextile manufacturer Nilex Inc. The transaction is subject to court approval in Canada and the US. The announcement was made on November 23, 2022.

- Type: Acquisition
- Announced: 2022-11-23
- Where: Edmonton, Canada, Canada
- Status: announced
- Products: geotextiles, erosion control products, stormwater management products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Leggett & Platt](https://endata.com/companies/9661.md) (partner)
- [Hanes Geo Components](https://endata.com/companies/32013.md) (acquirer)
- [Nilex](https://endata.com/companies/66826.md) (target)
- [Terrafix Geosynthetics](https://endata.com/companies/66827.md) (partner)

## Sources

- [nonwovensnews.com](https://www.nonwovensnews.com/2022/11/23/hanes-geo-reaches-agreement-to-acquire-nilex/), 2022-11-23: "Nilex has long been a leading distributor of geosynthetics in Western Canada. We are excited to join forces."

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