Arco, Italy -- Aquafil S.p.A. finalized the acquisition O’Mara Inc. for $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA Inc.
O’Mara produces nylon, polypropylene and polyester fibers mainly in solution-dyed colors in its plant based in Rutherford College, N.C. In 2018, O’Mara reported a revenue of $40.1 million. The company will provide access to a broader product range, driving further development of the US market in the athletic apparel, hosiery, fashion and accessories sectors.