David Paja

CEO and Board Member

Past deals in Textiles

Rhenoflex

Acquisition in 2022
Rhenoflex GmbH, founded in 1952 and based in Ludwigshafen am Rhein, Germany, specializes in the development, manufacturing, and distribution of innovative shoe components. The company focuses on thermoplastic materials used for various applications, including toe, side, and heel reinforcements, as well as insoles. Rhenoflex is recognized for its commitment to quality, emphasizing wearing comfort, stability, and reliability while keeping pace with fashion trends. The company leverages advanced engineering and scientific expertise from its Research Laboratories to maintain its leading position in the industry. In addition to performance, Rhenoflex prioritizes sustainability by utilizing recyclable materials and organic fillers, which help reduce environmental impact while providing flexible and durable components for the footwear and lifestyle sectors. Their products are distributed through a network of agencies across several countries, including Australia, Belgium, China, and Germany.

Texon International Group

Acquisition in 2022
Texon International Group Ltd. is a company that designs, manufactures, and distributes a variety of materials, including non-woven and saturated felts, extruded filmic materials, and wet web saturated cellulose boards. These materials serve multiple industries, such as fashion, transport, engineering, construction, medicine, and agriculture, and are used in products like shoes, hats, luggage, automotive interiors, and household furnishings. Texon also offers sustainable apparel through its subsidiary, Texon Corporations, allowing clients to choose from options made with recycled content and features such as water resistance and anti-fungal properties. Established in 1947 and incorporated in 1997, the company is headquartered in Saltburn-by-the-Sea, United Kingdom, with manufacturing facilities in Skelton, UK, and Foshan, China. Texon distributes its products through sales offices, affiliate companies, agents, and distributors both in the UK and internationally.

Twine Solutions

Venture Round in 2018
Twine Solutions Ltd is a textile technology startup based in Petah Tikva, Israel, founded in 2015 by twins Erez and Alon Moshe. The company specializes in digital printing services, particularly through its innovative digital thread dyeing system. This system enables the continuous dyeing of off-the-shelf white thread to any specified length and in a vast array of colors, shades, and gradients, offering millions of customization options. Twine Solutions embodies a unique blend of innovation and entrepreneurship within the Israeli tech landscape.

Patrick Yarn Mill

Acquisition in 2017
Patrick Yarn Mill, Inc. is a manufacturer of high-performance industrial yarns based in Kings Mountain, North Carolina. Founded in 1963, the company produces a diverse range of yarns tailored for various industries, including commercial, retail, healthcare, and janitorial sectors. Its product offerings include yarns for carpet backing, upholstery, drapes, and sound barrier fabrics, as well as healthcare yarns for items like mops, socks, and bandages. The company also specializes in filtration yarns for air, water, and chemical applications, along with geo/concrete and sewing thread yarns. Additionally, Patrick Yarn Mill provides janitorial yarns such as those used in wet and dust mops, as well as traditional yarns for home textiles like fleece, blankets, and rugs. The company serves clients worldwide and operates as a subsidiary of Coats Group plc.

Gotex S.A

Acquisition in 2016
Gotex designs, manufactures and trades a range of innovative, high performance industrial textiles to serve industries such as telecommunications (fibre optic cables), energy and oil and gas. It sells three main products to an expanding global customer base across five continents: coated yarns, used to reinforce flexible cables, woven tapes, to protect cables from specific forms of damage, and traded products, that complement its manufactured goods.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.