Quebec City based Duvaltex Inc., a holding company specializing in textile innovation and development, announced today that the company has acquired True Textiles Inc. The acquisition includes all of the True Textiles business units, True, Guilford of Maine and Teknit. Duvaltex also currently owns Victor Textiles Inc., a leading North American textile manufacturer. As a result of this acquisition, Duvaltex becomes the largest manufacturer of commercial or contract interior fabrics in the U.S. and Canada, serving the office furniture, institutional, healthcare and hospitality industries. "This acquisition brings together two of the industry's most established and successful companies, recognized for their dedication to innovative product design and commitment to sustainability," stated Alain Duval, president of Duvaltex Inc.
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