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Performance fabrics maker Crypton acquires Nanotex

14 Mar '14

4 min read

The pairing of two great performance textile brain trusts will only be enhanced by the shared technology of the two companies,” added Rubin. “We will each bring new resources to this union, which will only strengthen us both in the retail and contract marketplace,” she added.

NANOTEX will now be headquartered at The Crypton Companies in Bloomfield Hills, Michigan but will maintain sales operations in the US, Asia, India and Europe. In addition, the company will keep distribution centers in Hong Kong, Belgium, Mainland China, and the U.S. The technical transfer capabilities, provided from China and India, will be on-going ensuring the continuity and expansion of the company’s global footprint.

The Crypton Companies have provided patented, environmentally friendly, textile performance solutions since 1993. During that time, the cornerstone product of the business, CRYPTON Super Fabric, revolutionized the use of fabrics in the healthcare, hospitality, government, education and contract segments.

More than 100 million yards of Crypton fabrics are installed in commercial and residential applications worldwide, providing unparalleled stain, moisture and anti microbial resistance. For more information on Crypton products, visit www.cryptonfabric.com. For more information about The Crypton Companies NANOTEX products, visit www.nanotex.com.

About WL Ross & Co.

WL Ross & Co. LLC, founded by Wilbur L. Ross, Jr. in 2000, is a well-known private equity firm with approximately $9 billion of funds under management. The firm has sponsored and managed private equity investments in a number of sectors including financial services, steel, energy, textiles, shipping, automotive components and other industries.

Crypton Inc