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South African investor acquires Gelvenor Textiles

Related Keywords: acquired by South African investor, Gelvenor Textiles, grow production of aeronautical textiles, Jacobs Capital, manufactures industrial, merger with South Coast-based MB Workwear, outdoor lifestyle, owned by German corporate investor Claas Daun, production of specialist fabrics, protective and aeronautical fabrics, technical apparel

Gelvenor Textiles from Courthiel Holdings, owned by German corporate investor Claas Daun which manufactures industrial, technical apparel, outdoor lifestyle, protective and aeronautical fabrics has been acquired by South African private equity firm Jacobs Capital.

The transaction includes a merger with South Coast-based MB Workwear, which will become a division of Gelvenor Consolidated Fabrics.

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