Specialty textiles maker Carolina Silver has been acquired by Noble Biomaterials, which wants to add the Maiden company’s antibacterial technologies to its portfolio of bacteria-fighting products.
Carolina Silver makes silver-based fabric, yarn and fiber. Silver has antimicrobial properties in addition to its conductivity as a metal. The company’s materials have been used in products for wound care, military and industrial applications under the AG3+ brand. Scranton, Pa.-based Noble Biomaterials makes antimicrobial technologies offered under its X-STATIC brand.
“Carolina Silver has been a leader within the silver textile solutions industry,” Jeff Keane, CEO of Noble Biomaterials, said in a statement. “Its technologies will support the growth of the X-STATIC brand in preventing infections, healing wounds and eliminating odor.”
No financial terms between the two private companies were disclosed. Carolina Silver Jerry Finney said in a statement that integrating Carolina Silver’s technologies into Noble’s global sales capabilities will enable the company to reach more customers around the world. Besides its Pennsylvania headquarters and manufacturing facilities, Noble has offices in Europe, Asia and South America.
