Nilex: US' Hanes Geo Components to buy Canada-based company Nilex Inc
American manufacturer and supplier of geosynthetic and environmental products Hanes Geo Components has reached an agreement to acquire Edmonton-based geotextile distributor Nilex Inc and its wholly owned subsidiary Nilex USA Inc. Hanes Geo Components, has made this decision with an intention to operate Nilex's business on a going-concern basis.
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Nilex is a Canada-based manufacturer and distributor of products such as erosion control, water management and retaining walls for residential and commercial sectors.
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