Tag Archives: WL Ross and Co.

Crypton and NANO-TEX together at last

A Jan. 6, 2014 news item on Nanowerk notes that Crypton Fabrics has purchased NANO-TEX,

CRYPTON INC. has acquired NANO-TEX®, announced Randy Rubin, Chairman of The Crypton Companies. The privately held, 20-year-old Crypton Fabrics, based in Bloomfield Hills, Michigan, recently purchased NANO-TEX from private equity and venture capital investors; WL Ross and Co. LLC as major stockholders, in addition to Norwest Venture Partners, Masters Capital Nanotechnology Fund, Firelake Capital Management and Masters Capital Management.

NANO-TEX is a textile technology company whose performance finishes have enhanced leading consumer brands such as GAP, TARGET, MAIDENFORM, BASS PRO SHOPS, NORDSTROM, LAND’S END, FISHER-PRICE and many more.

The Jan. 6, 2014 Crypton (there has to be a Superman or inert gas enthusiast in that company) press release, which can be found on this page under this title: Silicon Valley to Motown, Performance Textile Leader Crypton Purchases Nano-Tex, explains why the NANO-TEX acquisition was so attractive and what it means to NANO-TEX’s major stockholders,

NANO‐TEX employs a proprietary nanotechnology approach to enhance textiles at the molecular level that provides permanent performance attributes such as stain and water resistance, moisture wicking, odor control, static elimination and wrinkle free properties. The end result is performance fabrics that maintain the original comfort, look and feel of the fabric and perform for the life of the product.

In 2013, NANO‐TEX technologies were on $280 million in branded finished products at retail worldwide.

Wilbur Ross, Jr., Chairman of WL Ross said, “We are extremely pleased by Crypton’s acquisition. This assures that NANO‐TEX will continue on a strong growth trajectory. Its expanding market reach and prominence will further enhance the competitiveness of WL Ross’s companies in the consumer and industrial fabrics industries, too; the goal that sparked our initial investment interest in NANO‐TEX eight years ago.”

It seems there was a specific product which attracted the Crypton team’s attention,

“This is a strategic acquisition as we extend our market share with apparel throughout the world. The intellectual properties and latest development, Aquapel®, a non‐fluorinated repellency treatment, is very exciting to our research team,” said Rubin.

There’s more about this product on the NANO-TEX Aquapel® page.

On a completely other note, at least one NANO-TEX product has silver in it according to a 2007 entry on the Consumer Products Inventory (Project on Emerging Nanotechnologies),

They Say:

“Nano-Tex™’s revolutionary technology fundamentally transforms fabric at the nano-level to dramatically improve your favorite everyday clothing.”



Potential Exposure Pathways:


How much we know:

Category 4 (Unsupported claim)

Additional Information:

Generic Product

Crypton too has silver in at least one product (from the INCASE Fabric Protection FAQs),

Q:  How does INCASE™ resist bacterial growth?
A: Silver Ion technology is used in INCASE to inhibit the growth of a broad spectrum of medically relevant microorganisms, including bacteria. Silver is one of nature’s original antimicrobials. Used thousands of years ago by Greeks in vessels to preserve water and wine, the natural benefits of silver have now been tapped to keep fabrics odor-free.

Cyrpton’s INCASE product uses sliver ions, which according to some research at Rice University (based in Texas, US), are more toxic than silver nanoparticles, from my July 13, 2012 posting,

He [Pedro Alvarez, George R. Brown Professor and chair of Rice’s Civil and Environmental Engineering Department] said the finding should shift the debate over the size, shape and coating of silver nanoparticles. [emphasis mine] “Of course they matter,” Alvarez said, “but only indirectly, as far as these variables affect the dissolution rate of the ions. The key determinant of toxicity is the silver ions. So the focus should be on mass-transfer processes and controlled-release mechanisms.”

Crypton’s About page strongly suggests an environmentally friendly and health conscious company (Note: Links have been removed),

Innovation. Industry leadership. A deep commitment to product excellence. These core elements are at the heart of the Crypton DNA – a labor of love that began in 1993 when founders Craig and Randy Rubin set out to create a new generation of stylish fabrics that were moisture-resistant and easy-to-clean, yet soft, comfortable and breathable.

From the basement of their Michigan home, a textile revolution was born.

Now based in West Bloomfield Michigan, with a green manufacturing facility in Kings Mountain, North Carolina, Crypton is the only textile solution in the world offering complete stain, moisture, mildew, bacteria and odor-resistant protection thanks to a patented process developed by some of the leading minds in the textile industry.

Early on, by offering a fabric – not a vinyl or plastic – that was capable of resisting stains, moisture, odors and bacteria, Crypton proved to be the perfect solution for the health care market. Following this initial success, Crypton solutions rapidly expanded into some of the finest restaurants, hotels, cruise ships around the world, as well as government complexes, schools and health care facilities.

Now trusted and relied on by over 90% of contract designers, there are more than 20,000 patterns of Crypton fabric available today. Crypton is the only fabric deemed a non-porous surface and can be disinfected when used in conjunction with our U.S. EPA-approved Crypton Disinfectant & Deodorizer.

From fabric, carpet, leather, wall and mattress to pet beds, home accessories, bags and luggage – our mission is to give customers more ways to live healthy, live beautifully and Live Clean®.

While there is no incontrovertible proof that silver nanoparticles and/or silver ions are a serious threat to the environment, it would be nice to see companies acknowledge some of the concerns.