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Invista acquires Advansa’s specialty polyester apparel assets and related technologies

3:15 PM MDT | October 1, 2013 | Deepti Ramesh

Invista and Advansa (Chaam, Netherlands), a leading European polyester fiber producer, have reached an agreement, under which Invista acquired Advansa’s assets related to specialty polyester products for apparel end uses. The acquisition includes the reversion of Advansa’s Greater European licensed rights to the Coolmax and Thermolite brands and the acquisition of Advansa’s Thermocool brand, along with all related technologies and key staff. Financial terms of the acquisition have not been disclosed. The transaction does not include Advansa's...

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