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Tau Announces Two Investments In Innovative, Eco-Friendly, Textile Dyeing Technology

Aug 24, 2022about 3 years ago
New York

Description

New York- and Hong Kong-based TAU Investment Management, LLC, today announced agreements for two simultaneous investments in highly sustainable, waterless textile dyeing. A special purpose vehicle formed and managed by TAU will acquire significant interests in both DyeCoo Textile Systems, B.V., and CleanDye Holding, B.V., as part of TAU's strategy to invest in the sustainable, transparent and responsible supply chains of the future.

Company Information

Company

DyeCoo Textile Systems, B.V.

Location

New York, United States

About

Today, the dyeing and treatment of textiles is responsible for fully 20 percent of industrial water pollution globally. DyeCoo's patented DyeOx technology allows for waterless and chemical-free textile dyeing, making it a valued partner to some of the world's largest retailers and leading global manufacturers who are also committed to DyeCoo's sustainable technology.

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