SRTX Inc., the maker of Sheertex pantyhose, has found a buyer in a Quebec-based hosiery company after months of searching for a strategic solution. The Montreal-area apparel business will acquire the struggling Canadian company known for its durable hosiery products.

Sheertex gained attention for its claims of producing virtually indestructible pantyhose, but the company has faced financial difficulties in recent months. The sale comes after SRTX announced a strategic review, signaling the company's search for alternatives to continue operations. The deal represents a significant development for the hosiery industry in Quebec.

The acquisition provides a lifeline for Sheertex's innovative technology and brand while offering the Quebec buyer access to Sheertex's resilient hosiery technology. This transaction highlights the challenges faced by innovative apparel companies in maintaining profitability despite breakthrough products.