Performance Fibers Adds On

Performance Fibers Holdings Inc., a portfolio company of Sun Capital Partners, has agreed to acquire the North America tire cord and polyester industrial filament businesses of INVISTA Sarl and its affiliates. No financial terms were disclosed for the deal, which includes manufacturing facilities in Salisbury, N.C., Shelby, N.C. and Winnsboro, S.C. It also includes fabric-producing assets currently operating inside INVISTA's Querataro, Mexico site.

 

PRESS RELEASE
An affiliate of Performance Fibers Holdings, Inc. (“Performance Fibers”) today announced that it has signed a definitive agreement to acquire the North America tire cord and polyester industrial filament businesses of INVISTA S.