Pause operations: company temporarily curtailing operations while keeping return options open
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Coats Group plc is a British multi-national company. It is the world's largest manufacturer and distributor of sewing thread and supplies, and the second-largest manufacturer of zips and fasteners, after YKK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionReceived revenues in Russia in 2021-2022. In the Annual report 2022 company shows that they decided to exit Russia: https://www.coats.com/-/media/coats/investors/2023/ar2022/ar-2022-chair-statement.pdf but in reality local entity COATS LLC (tax id 7715385954) continues to operate and shareholders didn't change as of end of February 2024.
| LLC "COATS" - Lyubertsy - General Director Enukidze G. G. - TIN 7715385954 | |
| Annual report 2022 (extract) |