Shandong Ruyi Group

Activity by year

2017201820192020202120222023202420252026

Acquisition

Jun 30, 2022ACQUISITIONUnited States
Lenders take over Lycra from Shandong Ruyi after default
A group of lenders including Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management and China Everbright Ltd. have taken over American textile fiber manufacturer Lycra from Shandong Ruyi Group after Ruyi defaulted on a $400 million loan.
Shandong Ruyi Group acquirer The LYCRA Company target Lindeman Asia investor Lindeman Partners Asset Management investor Tor Investment Management investor China Everbright Ltd. investor #Industrial Textiles wwd.com
Dec 22, 2017ACQUISITION
Shandong Ruyi to acquire INVISTA's Apparel & Advanced Textiles business
Chinese textile manufacturer Shandong Ruyi will acquire INVISTA's Apparel & Advanced Textiles business, which includes the global LYCRA brand, in a stock transaction expected to close by mid-2018.
Invista target Shandong Ruyi Group acquirer #Industrial Textiles specialtyfabricsreview.com
Oct 28, 2017ACQUISITIONUnited States$2.00B
Shandong Ruyi to buy Lycra owner from Koch Industries for $2B
Shandong Ruyi Group agreed to pay over $2 billion to acquire the Apparel & Advanced Textiles business of Invista, a subsidiary of Koch Industries, which owns the Lycra brand.
Invista target Koch Industries target Shandong Ruyi Group acquirer #Industrial Textiles bloomberg.com

Acquired

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