6th May 2022
CIT Northbridge Credit, as advised by CIT Asset Management LLC, has served as sole lead arranger on a $65 million credit facility for Hello Bello, a US-based manufacturer and marketer of baby, child and adult care products. Launched in 2019 by co-founders Kristen Bell and Dax Shepard, Hello Bello is a platform providing premium and affordable products.
5th May 2022
US’ Brunt Workwear, the fast-growing footwear and apparel brand for construction workers, has appointed Kevin Eskridge as the company’s president. In this role, Eskridge will oversee the company’s product development, merchandising, sourcing, and global retail expansion as Brunt accelerates its rapid growth as a leader in the modern workwear category.
4th May 2022
Aroo is the first defence start-up that creates the intellectual property in specialised defence clothing and gear for the Indian Army. Aroo was started by Rohit Bedi and Munish Hinduja, in the defence space for apparel and gear. The company is developing ECWCS (Extreme Cold Weather Clothing System) and other specialised defence clothing for the army.
3rd May 2022
In the run-up to Techtextil, taking place at the end of June in Frankfurt, nine exhibiting VDMA member companies presented their highlights for the technical textiles market at a virtual VDMA kick-off event themed “Sustainable technologies for technical textiles”. A series of VDMA technology web talks are planned up to the fair along with spotlight...
3rd May 2022
US’ First Quality Products has launched a new technology for bladder control pads, MaxSorb +Zone, providing enhanced rapid absorption to help keep skin dry all day and support skin health. Pads that use First Quality’s MaxSorb+ Zone absorb up to 50 per cent faster. It was launched by the clinical team of licensed nurses, case managers, and geriatric...
3rd May 2022
Avient Corporation, a leading provider of specialised and sustainable material solutions, has announced that it has entered into an agreement with Royal DSM to purchase the DSM Protective Materials business (including the Dyneema brand) (the Dyneema business). The purchase price of $1.485 billion is subject to certain customary adjustments.
2nd May 2022
Bcomp is supplying natural fibre technologies to HWA, development partner of Mercedes-AMG, for the new front bumpers on Mercedes-AMG GT4 race cars. The new bumper uses Bcomp’s ampliTex and powerRibs technologies, which harness the natural advantages of flax fibre. Bcomp is a Swiss provider of natural fibre reinforcements in high performance...
2nd May 2022
UK’s Heathcoat Fabrics, a leader in knitted and woven fabrics, has been recognised with the Queen’s Award for Enterprise for Innovation, announced by the government. The Queen’s Awards for Enterprise are the most prestigious business awards in the UK. The awards were first established in 1965 and since then over 7000 companies have achieved a Queen’s...
29th Apr 2022
Andritz saw very favourable business development in the first quarter of 2022. At just under €2.6 billion, order intake reached the second highest quarterly figure in the company’s history, and the order backlog rose to €9.4 billion. Operating result, profitability and net income increased significantly compared to the previous year’s reference period.