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
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Texon Management Ltd
- Date of Incorporation 11 Jan, 2002
- Jurisdiction Madurai South, Tamil Nadu, India
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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.
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.
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Funding Insights of Texon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments and management services are provided in Southeast Asia.
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Industrial thread is manufactured by Coats for global industries.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Texon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Texon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Texon Comparisons
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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Biomaterials are developed via microbial fermentation for diverse applications.
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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.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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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.