Coats completes purchase of high performance yar - sportstextiles: Lea SportsTextiles

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Coats completes purchase of high performance yarns company

11/02/2020
UK-based industrial thread company Coats has completed the acquisition of North Carolina’s Pharr High Performance Yarns (Pharr HP), helping Coats to grow its personal protection business. 

Pharr HP manufacturers high-performance engineered yarns, specialising in providing technical yarn solutions to industrial thermal protection, defence and fire service industries. Coats currently has a presence in some 50 countries, with a workforce of 18,000 people across six continents.

Acquiring Pharr HP’s manufacturing capabilities and customer base is expected to provide further expertise and scale to Coats’ personal protection business (part of the performance materials segment), as Coats leverages its own textile experience, industry connections and existing operational footprint in North America.

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