Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 62

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 62
---
.S. Army Research Laboratory in Natick, Massachusetts. The U.S. Army was primarily interested in a synthetic insulation that would be comparable to goose down in weight, compressibility, and warmth, while also retaining heat in the presence of moisture. PrimaLoft was awarded its first patent for a “synthetic down” originally branded as PrimaLoft ONE in 1986. After initial success with military applications including sleeping bags and clothing systems, PrimaLoft entered the commercial market through partnerships with name brands like L.L. Bean, Land’s End, and Ralph Lauren. PrimaLoft quickly established its credibility for performance and quality and today continues to drive innovation within the synthetic insulation industry. A summary of key milestones in the company’s history is below:

• 1989: L.L. Bean and Ralph Lauren become the first brand partners

• 1990: PrimaLoft was used in the layering system for the Mount Everest Peace Climb

• 1997: Developed first design using post-consumer recycled material

• 2012: Separation from Albany International into a standalone company through a management buyout

• 2017: Release of i) ThermoPlume, the most advanced, 100% recycled, down-like synthetic insulation alternative and ii) Aerogel technology, a lightweight, compression-resistant insulation composed of more than 95% air

• 2018: Developed first-ever biodegradable, 100% recycled synthetic insulation and fabric cross-product capabilities

• 2019: Breakthrough development of P.U.R.E. manufacturing technology, a proprietary process of synthetic insulation that reduces carbon emissions by up to 70%

• 2020: Launch of Patagonia Nano-Puff with PrimaLoft P.U.R.E. technology

• 2021: Launch of Aerogel Footwear with Canada Goose

• 2021: PrimaLoft Bio recognized as the winner of Drapers Sustainable Fashion Award

We acquired a majority interest in PrimaLoft on July 12, 2022.

#### I

#### ndustry
PrimaLoft participates in the global insulation market for both apparel and bedding, which is estimated to encompass over $30 billion of annual spending. Within the overall insulation market, PrimaLoft competes primarily in premium positioned products where consumers value performance and sustainability.

#### Products, Customers and Distribution Channels
Products

PrimaLoft’s core product offering includes a wide range of insulation product types that are optimized to