Vortex Companies Acquires Applied Felts Inc.
January 11, 2024
Vortex Companies has acquired Applied Felts Inc. (including brands MaxLiner and FerraTex Solutions) to integrate manufacturing and distribution of cured-in-place pipe liners and related products across the Americas. The deal brings Applied Felts’ Americas manufacturing and distribution under Vortex to shorten supply chains, expand local support and streamline R&D, while Applied Felts Ltd. (U.K.) remains with W.E. Rawson for non‑Americas operations.
- Buyers
- Vortex Companies
- Targets
- Applied Felts Inc. (MaxLiner / FerraTex Solutions)
- Industry
- Manufacturing
- Location
- Virginia, United States
- Transaction Type
- Buyout
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