Announced
Completed
Financials
Tags
Completed
Household Furnishings
Friendly
Private
textile technology
Minority
Single Bidder
China
Domestic
Acquisition
Private Equity
Venture Capital
Synopsis
Centurium Capital, a private equity investment firm, led a $200m Series C2 round in NTX, a textile technology company, with participation from NRL Capital. "Through its proprietary dyeing technology, NTX brought about revolutionary innovation to the global textile supply chain, effectively solving the long-standing pain points of traditional textile manufacturing of high water and energy consumption and pollution. In addition, NTX adds significant value to the industry by helping improve their production efficiency and service capabilities. With ESG as an integral part of our 'invest to transform' investment thesis, we look forward to a long-term partnership with NTX to make positive contributions to the sustainable development of the global textile supply chain," Gary Liu, Centurium Capital Managing Director.
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