NILIT, LTD: ISRAELI INVESTMENTS: TEXTILES



Nilit, an Israeli based manufacturer of nylon 6.6 fibers employed by the textile industry and engineering thermoplastics for industrial applications, has recently made several bold moves in the international textile markets that mark it as a company to watch. The company, founded in 1969 and privately run until Q1 2005, had previously enjoyed joint ventures with Sara Lee, Unifi, Inc. and Pompea. Since being acquired in May of 2005 by Markstone Capital Group and Elliot Broidy, Nilit has boldly entered the Chinese market in a joint venture that should leave the company in a strong position in the international textile circuit. Markstone, which specializes in providing increased capital and top tier management to low-tech and old-sector brands, recently oversaw a major acquisition by Nilit.

The European nylon operation of Invista (formerly Dupont) has been acquired by the Israeli firm. Invista also manufactures Nylon 66 and Lycra, moving Nilit to the forefront of European textiles and synthetics. Nilit, now the leading nylon spinner in Europe, has strongly positioned itself in the international textile industry and their visionary management team, assembled and overseen by Markstone, make this a company to keep track of. The leadership displayed by this firm could have only occurred through the financial and strategic partnerships formed through the greater Los Angeles area and shows the rapid progress that can occur when both locales connect fully with one another.


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