Business activity and description
Dewhurst, established in 1933, is based in Altham, Lancashire in the northwest of England. It is a leading manufacturer of woven and non-woven textiles used in a wide range of applications to improve the performance of its customers' end products. It serves markets in many sectors across the world and has facilities in Georgia (USA) and Hungary.
Deal Information
- Deal size:Undisclosed
- Deal type:MBO
- Turnover:GBP 42 mln
- Bought from:Brierley family
- Date of investment:April 2008
Investment rationale
AAC Capital Partners view Dewhurst as a highly innovative business, offering excellent quality and service to its world wide customer base. We believe that the combination of the Dewhurst track record and existing management expertise together with our investment expertise will enable us jointly to contribute to significant future growth.