{"id":14155,"date":"2025-11-13T11:41:20","date_gmt":"2025-11-13T10:41:20","guid":{"rendered":"https:\/\/arsutoriastudio.com\/coats-completes-acquisition-of-ortholite\/"},"modified":"2025-11-13T11:41:20","modified_gmt":"2025-11-13T10:41:20","slug":"coats-completes-acquisition-of-ortholite","status":"publish","type":"post","link":"https:\/\/arsutoriastudio.com\/en\/coats-completes-acquisition-of-ortholite\/","title":{"rendered":"Coats Completes Acquisition of OrthoLite"},"content":{"rendered":"<div class=\"articleWrapper _hero-content-wrapper\">\n<div class=\"articleContent _hero-content-body\">\n<p class=\"text body\" doc-editable=\"text\" data-component-id=\"doc-1ddala6tn0\">The world-leading Tier 2 supplier of critical components to the apparel and footwear industries, announced today that it has completed its acquisition of OrthoLite, a global market leader in footwear materials and the number one brand in premium insoles. The acquisition marks a major milestone in the Company\u2019s long-term growth plans and strengthens its existing footwear division through expansion into the attractive, high-growth premium insole segment.<span style=\"white-space: pre;\"> <\/span><\/p>\n<p class=\"text body\" doc-editable=\"text\" data-component-id=\"doc-1j9ucr1720\">\u201cOrthoLite is one of the world\u2019s most innovative manufacturers in footwear materials. With our combined capabilities, we\u2019ll now be able to offer our customers more future-focused solutions for more of the shoe \u2013 without compromising on the trusted quality both companies stand for,\u201d said David Paja, Group Chief Executive Officer.<span style=\"white-space: pre;\"> <\/span><\/p>\n<p class=\"text body\" doc-editable=\"text\" data-component-id=\"doc-1j9ucr1840\">Coats will also move from a three-division organisational structure, previously Apparel, Footwear and Performance Materials, toward a simplified two\u2011division structure focused on Apparel and Footwear. Existing Performance Materials businesses will be folded into the two new divisions.<span style=\"white-space: pre;\"> <\/span><\/p>\n<p class=\"text body\" doc-editable=\"text\" data-component-id=\"doc-1j9ucr18t0\">The divisions will be led by Pasquale Abruzzese, Footwear CEO and Group Chief Operating Officer, and Adrian Elliott, Apparel CEO and Group Chief Commercial Officer. Glenn Barrett will continue to lead the OrthoLite business.<span style=\"white-space: pre;\"> <\/span><\/p>\n<div class=\"slideshow\" data-slideshow-component=\"\" data-component-id=\"doc-1j9ucnbll0\">\n<div class=\"slideshow-container\" doc-slideshow=\"slideshow\">\n<div u=\"slides\" class=\"slides\" doc-container=\"slideshow\">\n<figure class=\"image\" data-tap-fullscreen=\"\" data-component-id=\"doc-1j9ucnep80\">\n<div doc-image=\"image\" doc-link=\"hyperlink\" style=\"background-image: url('https:\/\/arsutoriastudio.com\/wp-content\/uploads\/2025\/11\/132637-132634.jpeg');\"><\/div><figcaption doc-editable=\"caption\"><\/figcaption><\/figure>\n<\/div>\n<p>        <span u=\"arrowleft\" class=\"arrow _left\"><\/span><br \/>\n        <span u=\"arrowright\" class=\"arrow _right\"><\/span><\/p>\n<div u=\"thumbnavigator\" class=\"thumbnavigator\">\n<div u=\"slides\" class=\"thumbslides\">\n<div u=\"prototype\" class=\"thumbproto\">\n<div class=\"thumb-w\">\n<div u=\"thumbnailtemplate\" class=\"thumb-t\"><\/div>\n<\/p><\/div>\n<div class=\"thumb-c\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition aligns with Coats\u2019 Long-Term Growth Strategy in Apparel and Footwear.<\/p>\n","protected":false},"author":1,"featured_media":14158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[],"class_list":["post-14155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news-arsutoria"],"_links":{"self":[{"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/posts\/14155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/comments?post=14155"}],"version-history":[{"count":0,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/posts\/14155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/media\/14158"}],"wp:attachment":[{"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/media?parent=14155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/categories?post=14155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arsutoriastudio.com\/en\/wp-json\/wp\/v2\/tags?post=14155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}