{"id":2502,"date":"2023-07-04T10:57:37","date_gmt":"2023-07-04T10:57:37","guid":{"rendered":"http:\/\/coats.com\/?post_type=news_post_type&#038;p=2502"},"modified":"2023-11-20T06:41:42","modified_gmt":"2023-11-20T06:41:42","slug":"coats-sells-opti-zips-emea-business-operations","status":"publish","type":"news_post_type","link":"https:\/\/www.coats.com\/tr\/news\/2023\/07\/coats-sells-opti-zips-emea-business-operations\/","title":{"rendered":"Coats sells Opti Zips EMEA business operations"},"content":{"rendered":"<h2>Coats Group plc, the world\u2019s leading manufacturer in thread and structural components for apparel and footwear, as well as an innovative pioneer in performance materials, has entered into an agreement to sell its Opti Zips EMEA business to Aequita, a German family office.<\/h2>\n<p>The sale of Opti Zips EMEA is in line with Coats\u2019 strategic initiatives, announced in March 2022, to accelerate profitable sales growth and optimise the company\u2019s portfolio and footprint.<\/p>\n<p>Rajiv Sharma, Group Chief Executive Officer, said: &#8220;The sale of Opti Zips EMEA allows Coats Europe to focus on profitable growth in our core markets of industrial threads, footwear components and performance materials. The new owners Aequita and the experienced management team will continue serving customers and take the business forward. I wish them well for the future.&#8221;<\/p>\n<p><strong>ENDS<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Coats have entered into an agreement to sell its Opti Zips EMEA business to Aequita, a German family office.<\/p>","protected":false},"featured_media":3255,"template":"","news-type":[150],"class_list":["post-2502","news_post_type","type-news_post_type","status-publish","has-post-thumbnail","hentry","news-type-product-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v25.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coats sells Opti Zips EMEA business operations | 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\/tr\/news\/2023\/07\/coats-sells-opti-zips-emea-business-operations\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" 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