Carpetmaker acquired by US investors in major deal
One of the West Midlands’ leading brands - Brintons Carpets – has been acquired by US investors in a major deal.
The Carlyle Group, which had been the owner of the Kidderminster manufacturer for the past six years, has sold the business to funds managed by Argand Partners for an undisclosed sum.
Since September 2011 when Carlyle made its £40m investment in Brintons the company has transformed its performance and is now a major player within the global Axminster carpeting market.
At the time of the purchase, Brintons had ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
