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 technical textiles used in a wide range of applications to improve the performance of its customers' end products and processes. It serves markets in many sectors and geographic regions across the world and in addition to the main manufacturing site in England it also has a facility in Georgia (USA).
Deal Information
- Deal size:Undisclosed
- Deal type:MBO
- Turnover:GBP 47 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.