{"id":3944,"date":"2022-07-06T06:16:25","date_gmt":"2022-07-06T06:16:25","guid":{"rendered":"http:\/\/coats.com\/?post_type=news_post_type&p=3944"},"modified":"2023-11-22T05:13:07","modified_gmt":"2023-11-22T05:13:07","slug":"acquisition-of-texon-expands-coats-presence-in-athleisure-footwear","status":"publish","type":"news_post_type","link":"https:\/\/www.coats.com\/it\/news\/2022\/07\/acquisition-of-texon-expands-coats-presence-in-athleisure-footwear\/","title":{"rendered":"Acquisition of Texon expands Coats\u2019 presence in athleisure footwear"},"content":{"rendered":"

Coats, the world’s leading industrial thread manufacturer, has acquired Texon, a global leader in premium structural components and materials for the footwear, accessories and apparel industries.<\/h2>\n

Texon provides high quality structural components to the global footwear market and has a long heritage as a proven supplier to the world\u2019s leading brands. The business is focused on sustainable innovation and supplies high-performance, sustainable, materials, including heel counters, toe puffs and insoles to the highly attractive premium athleisure footwear market.<\/p>\n

Texon, which has operations in Asia and Europe, is a complementary addition to Coats\u2019 existing footwear business with attractive commercial opportunities from leveraging Coat\u2019s existing footprint.<\/p>\n

Rajiv Sharma, Group Chief Executive, said: \u2018The acquisition of Texon will strengthen our existing presence in the highly attractive athleisure footwear market. The business is complementary to Coats and provides attractive future commercial opportunities as we work together leveraging our combined expertise and knowledge to succeed with our customers. We recognise and share Texon\u2019s focus on sustainability and innovation and believe that this acquisition strengthens our ability to fulfil these shared ambitions.\u2019<\/p>\n

ENDS<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Coats, the world’s leading industrial thread manufacturer, has acquired Texon, a global leader in premium structural components and materials for the footwear, accessories and apparel industries.<\/p>","protected":false},"featured_media":3946,"template":"","news-type":[149,151,150],"class_list":["post-3944","news_post_type","type-news_post_type","status-publish","has-post-thumbnail","hentry","news-type-group","news-type-people","news-type-product-services"],"acf":[],"yoast_head":"\nAcquisition of Texon expands Coats\u2019 presence in athleisure footwear | Coats Group plc<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coats.com\/it\/news\/2022\/07\/acquisition-of-texon-expands-coats-presence-in-athleisure-footwear\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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