Warwick Capital Partners, a London based private equity fund has purchased controlling interest in BGF Industries, a global manufacturer of woven and nonwoven materials from high performance fibre company.

BGF was the first weaver of fibreglass textiles and became a subsidiary of the Porcher Industries, France. Warwick Capital Partners remained steadfast in their interest to acquire Porcher Industries throughout the extended sales process.

“Bringing together the technical expertise of manufacturing high performance fibres with the backing that Warwick Capital LLP provides brings us closer to making additional strategic investments that will provide the highest level of quality products and will allow us to continue to make technical advancements and innovation within our industries,” said Robby Dunnagan, BGF President. (NA)