.
MergerLinks Header Logo

New Deal


Announced

Danspin acquires Lawton Yarns.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

wool manufacturing

Acquisition

Friendly

wool yarn

Private

Pending

Clothing and Accessories

United Kingdom

Single Bidder

Synopsis

Edit

Denmark's only remaining producer of wool yarn, Garnspinderiet Danspin, acquires an English competitor, Lawton Yarns. Financial terms were not disclosed. With the purchase, Danspin takes over 300 employees at the more than 100-year-old Lawton Yarns, but even though the acquisition is part of the consolidation in the industry, Lawton Yarns from West Yorkshire in northern England continues as an independent entity in Danspin. "Together with Lawton Yarns, we become an even stronger and attractive partner in a carpet market, where many business areas are growing." Lars Gantzel, Danspin Director.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US