Twitter LinkedIn
    Wednesday, October 4
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals & Transactions»Buyout Firm Navis Revives Sale of Nike Supplier Texon
    Deals & Transactions

    Buyout Firm Navis Revives Sale of Nike Supplier Texon

    March 31, 2022Updated:March 31, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Asian buyout firm Navis Capital Partners is considering reviving the sale of its footwear materials supplier Texon, which could fetch about $300 million, according to people familiar with the matter.

    Texon supplies non-woven and cellulose materials used in shoes for companies including Nike Inc., Adidas AG and Decathlon SA. Its products are also used in clothing, luggage and handbags. The company counts more than 400 employees and has a presence in 90 countries, according to its website.

    Established in 1998, Navis manages more than $5 billion in private equity capital with a focus on Southeast Asia. The investment firm acquired Texon from a unit of Barclays Plc in 2016 for an undisclosed amount, with the management of the company retaining a significant stake in the business.

    Read more: BNN Bloomberg

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals and transactions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Animal drugs maker Dechra agrees to lower £4.5bn takeover by Swedish private equity firm EQT

    June 3, 2023

    Warburg and Advent in the lead to acquire Baxter’s biopharma unit

    May 13, 2023

    BlackRock Sells Asset-Backed Bonds From Credit Suisse’s Books

    April 14, 2023

    KKR buys stake in communications firm FGS Global

    April 11, 2023

    Comments are closed.

    Other Articles

    VGC Partners makes first investment from Technology Seed Fund IV

    February 26, 2021

    NNG Capital Fund Launches New Impact Opportunity Fund

    March 23, 2022

    Softbank will invest $100 million to make Miami a new tech hub

    February 2, 2021

    KKR Raises $3.9 Billion in Biggest Asia Infrastructure Fund

    January 12, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?