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Nilit Acquires Nylstar

(Filed Under Fashion News). Israel-headquartered Nilit Ltd. has acquired Nylstar’s U.S. operations, including its nylon 6.6 plant in Martinsville, Virginia.

“Nylstar is a respected manufacturer that shares Nilit’s commitment to innovation and quality,” said Arie Gottlieb, Nilit’s general manager. “Having the Martinsville facility as part of the Nilit network will expand our ability to service our growing North American customer base, our U.S. partners and as well as other customers around the world.”

Nylstar’s offering, which includes POY, FOY and LOY-DT nylon yarns in a vast range of filament counts, lusters and cross-section type, will complement and expand Nilit’s portfolio of branded performance yarns for intimate apparel, bodywear, legwear and activewear.

According to Nilit, also a producer of nylon 6.6, with the acquisition of Nylstar, it is now one of the largest nylon 6.6 producers for the apparel industry.

Nilit has appointed former Nylstar president, Basil B. (Sonny) Walker as president of the new entity Nilit U.S. “Sonny’s knowledge of the North American market will help us drive Nilit’s growth on the continent,” said Gottlieb. “In addition, Sonny’s leadership will ensure a smooth integration and uninterrupted service for both our existing and new customers.”

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Published 05-04-2009 by Bruna Fernandes

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