Related Keywords: apparel, Aquafil, CAFTA, Dryarn, econyl, O’MARA, polyester, Textiles, United States
Today Aquafil S.p.A. finalized the acquisition of 100 percent of O’Mara Inc. for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA Inc.
O’MARA Inc.
O’Mara Incorporated — founded in 1970 — produces nylon, polypropylene and polyester fibres mainly in solution-dyed colors in its plant based in Rutherford College, N.C. In 2018, O’Mara reported a turnover of $40.1 million, with margins in line with those of Aquafil Group.
Integration of O’Mara into Aquafil Group