# Instyle and Colan acquire Geelong Textiles Australia, rebrand as LoomTex

Instyle and Colan Australia jointly acquired Geelong Textiles Australia, rebranding it as LoomTex. The textile mill will continue operations in Geelong, with plans for investments in technology and R&D.

- Type: Acquisition
- Announced: 2024-02-07
- Where: Geelong, Australia
- Status: completed
- Products: woollen furnishing fabrics, upholstery fabrics, technical fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Instyle](https://endata.com/companies/75497.md) (acquirer)
- [Colan Australia](https://endata.com/companies/75498.md) (acquirer)
- [Geelong Textiles Australia](https://endata.com/companies/75499.md) (target)
- [LoomTex](https://endata.com/companies/75500.md) (partner)

## Sources

- [geelongmanufacturingcouncil.com.au](https://www.geelongmanufacturingcouncil.com.au/2024/02/loomtex-leverages-rich-heritage-for-bright-future), 2024-02-07: "LoomTex will continue to create upholstery, apparel and technical fabrics in Geelong for commercial and domestic use, with plans for investments in technology, research and development."

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