Announced
Financials
Tags
Private
Domestic
Italy
nonwoven fabrics
Acquisition
Majority
Textile Products
Pending
Friendly
Single Bidder
Private Equity
Synopsis
Quadrivio Group, an alternative investment firm, agreed to acquire Texbond, a producer of specialty nonwovens, from H.I.G. Capital, a global alternative investment firm. Financial terms were not disclosed. "The partnership with H.I.G. was integral to the growth of Texbond. The industrial investment made and the strong focus on R&D, have allowed the completion of the industrialization of a new family of products for the hygiene sector," Cristina Parisi, Texbond Managing Director.
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