Acquiring Company
Parkdale Advanced Materials
Acquired Company
CiCLO® Technology
GastoniaManufacturingManufacturingBiotechnologyDescription
Parkdale Advanced Materials, a subsidiary of Parkdale, has acquired CiCLO® technology to enhance its fiber portfolio. This acquisition aims to support growth and development in new markets while addressing microplastic pollution. Parkdale's commitment to innovative, responsible manufacturing solutions is reinforced by this strategic move.
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Frequently asked
Who acquired CiCLO® Technology?
CiCLO® Technology was acquired by Parkdale Advanced Materials, based in Gastonia. The deal was reported on October 1, 2026. Parkdale Advanced Materials develops and commercializes innovative textile technologies. They focus on responsible manufacturing solutions that address environmental challenges. Parkdale Advanced Materials is privately held and operates in Manufacturing.
When did Parkdale Advanced Materials acquire CiCLO® Technology?
Parkdale Advanced Materials's acquisition of CiCLO® Technology was reported on October 1, 2026. Parkdale Advanced Materials, a subsidiary of Parkdale, has acquired CiCLO® technology to enhance its fiber portfolio. This acquisition aims to support growth and development in new markets while addressing microplastic pollution. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CiCLO® Technology do?
CiCLO technology is a biodegradable textile ingredient designed to reduce microplastic fiber persistence in the environment. It is integrated into polyester and nylon during fiber manufacturing to enable mineralization by microorganisms. It is privately held, operating in Manufacturing.
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