Coats Group

Navis to sell Texon to Coats Group

July 7th, 2022

Navis Capital Partners (“Navis”), has agreed to sell its stake in Torque Group International Fortune (“Texon”) to Coats Group plc (“Coats”), the thread manufacturer, for US$237m. Texon is a leading manufacturer of high performance, sustainable materials for footwear, accessories, and functional apparel.Rodney Muse, Managing Partner, Navis Capital, notes, “When we invested in Texon in 2016, […]

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Texon and Umbro team up

February 1st, 2022

Texon’s innovative jacquard weaving technology incorporates patterns and colors into the weave instead of being printed or dyed onto the surface of the fabric. Photos: Texon. Texon, a leader in performance fabrics and structural components for the footwear industry, announced it is working with Umbro, the global sports brand, on a world first in the […]

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