Navis exits Hong Kong's Texon to global strategic
Navis Capital Partners has exited its entire controlling position in Hong Kong footwear components supplier Texon to UK-listed Coats Group for an enterprise value of USD 237m.
Coats, which is recognised as the global leader in industrial thread manufacturing, confirmed the pricing in a filing. Navis acquired Texon from Barclays Ventures in 2016 at a valuation in the USD 75m...
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