Aug 10, 2022 / 04:00PM GMT
Rajiv Sharma - Coats Group plc - Group Chief Executive & Executive Director
Good afternoon, and welcome to Coats Group plc's presentation relating to the Rhenoflex acquisition.
Jackie and I are delighted to talk about the second acquisition in the attractive footwear component space. The combination of Coats footwear, Texon and now Rhenoflex will create a world-class footwear platform. Coats is already the world leader in footwear threads and now with the Texon and Rhenoflex acquisitions, will become the world leader in footwear structural components.
Slide 2. Let me start with a few highlights about Rhenoflex. This is a synergistic bolt-on acquisition that strengthens the Coats position as a global leader in the footwear structural component market. This transaction builds on our recent Texon acquisition and further cements our move into the footwear component space adding capability, complementary products, enhanced scale and an opportunity to create value through synergies.
A few key points to mention regarding this transaction are: it consolidates our move into the
Coats Group PLC Acquires Rhenoflex Call Transcript
Mar 01, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers