London, United Kingdom
Coats is a global leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. With a revenue of $1.6bn in 2022, the FTSE250 and FTSE4Good Index constituent operates in 50 countries with over 17,000 employees. The company's customer base spans various industries, including apparel, footwear, automotive, telecoms, personal protection, and outdoor goods. Coats' dedicated Innovation Hubs and its commitment to the UN Global Compact demonstrate its focus on sustainability and innovation.
As a company with a heritage dating back more than 250 years, Coats is dedicated to connecting talent, textiles, and technology to foster a better and more sustainable world. Its commitment to achieving net-zero by 2050 and Science Based sustainability targets for 2030 aligns with current global challenges. Coats' emphasis on Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance further underlines its forward-thinking approach.
Despite not having recent investment data, Coats' strong market presence and commitment to sustainability make it an appealing prospect for potential investors. The company's ability to provide value-adding solutions and its focus on sustainable innovation position it well for future growth in the manufacturing industry.
