VR Equitypartner to acquire a minority stake in HERO Textil.

VR Equitypartner, a private equity firm, agreed to acquire a minority stake in HERO Textil, a producer of elastic textile. Financial terms were not disclosed. "The requirements for workwear in terms of occupational safety and comfort continue to rise. Thanks to its unique positioning in the market, Hero Textil is already excellently positioned to continue to grow steadily and sustainably. In particular, the implementation of buy-and-build strategies and targeted cooperations open up a wide range of opportunities for us to support the company in its international growth," Christian Futterlieb, VR Equitypartner Managing Director.