Koch Industries Makes Investment in Victoria Carpets

New York, NY, October 30, 2020-Koch Industries, which owns Invista and its Stainmaster and Antron brands, will invest more than £218 million ($285 million) in Victoria, a British flooring company that supplies carpet to the royal family, reports MarketWatch.

“In addition, it was announced Friday that Koch had purchased a 10% stake in Victoria from another shareholder, Invesco IVZ, 0.07%, for £43.75 million at a price of £3.50 per share. 

“The flooring company has supplied the British royal family for years, including providing the red carpet for the 2011 wedding of Prince William and Catherine Middleton.”