Texon

Skelton In Cleveland, United Kingdom Founded: 1947 • Age: 79 yrs Acquired By Coats
Material solutions for footwear, accessories, and apparel are contract-manufactured.

About Texon

Texon is a company based in Skelton In Cleveland (United Kingdom) founded in 1947 was acquired by Coats in April 2022. It operates as a B2B2C, and Reseller / Distribution. Texon offers products and services including Footwear Components, ProWeave Uppers, Accessories Materials, and Functional Apparel Materials. Texon operates in a competitive market with competitors including Modern Synthesis, Heartbeat, Premier Limpet, WIDDOP and First Editions, among others.

  • Headquarter Skelton In Cleveland, United Kingdom
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Texon Management Ltd
  • Date of Incorporation 11 Jan, 2002
  • Jurisdiction Madurai South, Tamil Nadu, India
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
    $6.96 M (USD)
    10.22
    as on Mar 31, 2023
  • Net Profit
    $680.23 K (USD)
    73.32
    as on Mar 31, 2023
  • EBITDA
    $696.12 K (USD)
    148.21
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
    Coats

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Coats

    & 1 more

    (Apr 15, 2022)

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Products & Services of Texon

Texon offers a comprehensive portfolio of products and services, including Footwear Components, ProWeave Uppers, Accessories Materials, and Functional Apparel Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Structural components for footwear are designed and supplied.

Innovative uppers are crafted using advanced weaving techniques.

Sustainable materials for tags and labels are provided.

Technical materials for apparel are developed and supplied.

People of Texon
Headcount 500-1000
Employee Profiles 15
Employee Profiles
People
Dario Rosettani
Agente Di Vendita
People
Giang Tran
Quality Environment Health Safety Manager
People
Prakash Shankar
Logistics Supply Chain Specialist And Warehouse Operation
People
Vincent Chai
Group Finance Ops Controller

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Funding Insights of Texon

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Texon

Texon has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Coats and Navis Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments and management services are provided in Southeast Asia.
Founded Year Domain Location
Industrial thread is manufactured by Coats for global industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Texon

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Texon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Texon Comparisons

Employees
+
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Competitors of Texon

Texon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Modern Synthesis, Heartbeat, Premier Limpet, WIDDOP and First Editions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Contract manufacturing of furniture and shop design products is provided.
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Contract manufacturer of consumer goods
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Home decor products are manufactured on contract by Widdop.
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Bottles are manufactured on a contract basis for various clients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Texon

Frequently Asked Questions about Texon

When was Texon founded?

Texon was founded in 1947.

Where is Texon located?

Texon is headquartered in Skelton In Cleveland, United Kingdom. It is registered at Skelton In Cleveland, North Yorkshire, United Kingdom.

What is the annual revenue of Texon?

Annual revenue of Texon is $6.96M as on Mar 31, 2023.

What does Texon do?

Materials for footwear, accessories, and functional apparel are developed and supplied by Texon. Solutions are provided across various sectors including structural components for footwear, sustainable materials for accessories like tags and labels, and technical fabrics for apparel designed to meet specific demands. A strong focus is placed on sustainability, with commitments to reducing carbon footprint, minimizing virgin material use, and enhancing recyclability. Creative and technical solutions are offered to leading brands to bring their ideas to life.

Who are the top competitors of Texon?

Texon's top competitors include Modern Synthesis, Heartbeat and WIDDOP.

What products or services does Texon offer?

Texon offers Footwear Components, ProWeave Uppers, Accessories Materials, and Functional Apparel Materials.

Who are Texon's investors?

Texon has 2 investors. Key investors include Coats, and Navis Capital Partners.

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