Hansae Co. Ltd. acquires US textile manufacturer Texollini to strengthen Central American portfolio
Acquiring Company
Hansae Ltd
Acquired Company
Texollini
Seoul
Long BeachFashionLifestyleManufacturingFashionDescription
Hansae Co. Ltd., a global fashion ODM company, has completed the acquisition of US textile manufacturer Texollini. This move is part of Hansae's vertical integration project in Central America and is expected to enhance its synthetic fiber production technology and product portfolio. The acquisition will enable Hansae to capitalize on the growing nearshoring trend in the Central American region while expanding its high-value product lines like activewear.
Quick answer
Hansae Ltd is acquiring Texollini, announced October 16, 2024. Hansae Ltd is based in Seoul, Seoul, South Korea.
- How much did Hansae Ltd pay for Texollini?
- The deal value was not disclosed.
- What does Hansae Ltd do?
- Hansae Co. Ltd. (KRX: 105630) is a global fashion ODM company known for its expertise in the fashion industry.
- Where are Hansae Ltd and Texollini based?
- Hansae Ltd is based in Seoul, Seoul, South Korea. Texollini is based in Long Beach, California, United States.
- Who are the decision-makers at Hansae Ltd?
- Fundz holds 1 contact at Hansae Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Texollini?
Texollini was acquired by Hansae Ltd, based in Seoul. The deal was reported on October 16, 2024. Hansae Co. Ltd. (KRX: 105630) is a global fashion ODM company known for its expertise in the fashion industry. Hansae Ltd is privately held and operates in Fashion.
When did Hansae Ltd acquire Texollini?
Hansae Ltd's acquisition of Texollini was reported on October 16, 2024. Hansae Co. Ltd., a global fashion ODM company, has completed the acquisition of US textile manufacturer Texollini. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Texollini do?
Texollini is a leading US textile manufacturer known for its expertise in synthetic fibers. The company specializes in fabric production, dyeing, printing, finishing, design, and research and development. It is privately held, operating in Manufacturing, and is based in Long Beach.
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