Coats to buy US insole maker for brands including Adidas and Asics for £573m - The company said acquiring OrthoLite means it is bringing together two ‘global leaders’ in the industry.

(Reuters) -British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 ...