Spinnova weighs acquisition of Portuguese yarn spinner Tearfil
The acquisition is subject to due diligence, corporate approvals, agreement on final transaction documents and approval of Tearfil’s restructuring plan.…
The acquisition is subject to due diligence, corporate approvals, agreement on final transaction documents and approval of Tearfil’s restructuring plan.…
Under the terms of the agreement, Tearfil plans to incorporate SPINNOVA fibre into yarn blends for the European textile market. The fibre,…
The yarn-spinning line is intended for product development and will be located in Guimarães, Portugal at Tearfil's facilities. Tearfil will…