INSTYLE + COLAN INVEST IN AUSTRALIAN MANUFACTURER
Instyle and Colan Australia are delighted to announce the joint acquisition of Geelong Textiles Australia, Australia’s last surviving woollen furnishing textile mill and dye house.
This strategic partnership combines the expertise and unique strengths of two industry leaders to enhance the capabilities and ensure continuity of the rich heritage of Australia’s iconic mill and dye house.
‘This joint venture represents a significant step to be at the forefront of local, sustainable textile design and manufacturing’ says Michael Fitzsimons, founder and managing director of Instyle.
‘We’re excited about this partnership with Instyle and we’re eager to explore the synergies this relationship brings, while protecting jobs, nurturing local talent and ensuring this important part of the wool manufacturing industry remains operational in Australia’ adds Genelle Coghlan, managing director of Colan Australia.
Rebranded as LoomTex™, the textile manufacturer has been repositioned towards a stronger future and long legacy in Australia.
LoomTex™ will continue to create upholstery, apparel and technical fabrics for commercial and domestic use in Geelong, with plans for investments in technology, research and development will ensure it remains at the forefront of the industry.