Industrial thread and global footwear component manufacturer Coats Group has signed a definitive agreement to acquire footwear insole maker Ortholite for an initial enterprise value of $770m.

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(Reuters) -British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 ...

Coats Group Plc has reportedly reached a definitive agreement to acquire U.S.-based footwear insole maker OrthoLite for $770 ...

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Coats to buy US insole maker for brands including Adidas and Asics for £573m - The company said acquiring OrthoLite means it is bringing together two ‘global leaders’ in the industry.