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Gelvenor Textiles sold to South African investor

Story from: The Johannesburg Times

South African private equity firm, Jacobs Capital, has acquired Gelvenor Textiles, manufacturer of industrial, technical apparel, outdoor lifestyle, protective and aeronautical fabrics from Courthiel Holdings, which is owned by German corporate investor, Claas Daun, for an undisclosed amount. The transaction, which is effective from January this year, includes a merger with South Coast based MB […]

The post Gelvenor Textiles sold to South African investor appeared first on The Johannesburg Times.

This post is from The Johannesburg Times. Click here to read the full text

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