UNIFI® announces agreement to sell non-strategic real estate in the U.S., with $60 million of expected gross proceeds to deleverage and transform the balance sheet

UNIFI has agreed to sell two non-strategic real estate assets in Yadkin County, N.C., for approximately $60 million, with proceeds expected to substantially reduce debt and improve financial flexibility. The properties include about 120 acres and 500,000 square feet of warehouse space, and UNIFI said the transaction is expected to have minimal operational impact with no change to current production capacity or customer service.

https://www.businesswire.com/news/home/20260817392964/en/UNIFI-Makers-of-REPREVE-Announces-an-Agreement-to-Sell-Non-Strategic-Real-Estate-in-the-U.S.-with-%2460-Million-of-Expected-Gross-Proceeds-to-Deleverage-and-Transform-the-Balance-Sheet