Industry 4.0 Fund invests in Texbond
Quadrivio Group’s private equity fund makes its fourth investment and becomes the majority stakeholder in this leading producer of nonwoven fabrics.
Industry 4.0 Fund has bought out Texbond from the investment fund HIG CAPITAL. The Quadrivio Group private equity vehicle that invests in technical innovation and the digital transition of SMEs now holds the majority stake in this company leading in the production of nonwovens.
Giuseppe Gaspari, founder and President, and Cristina Parisi, CEO, will keep their respective roles. They have also reinvested in the company, and are committed to supporting the investment plan standing as the cornerstones to the operation, which includes strengthening the managerial team and exploring new growth opportunities.
Founded in 1989 in Rovereto, in Trento province, Texbond produces and sells a high-tech nonwoven fabric suited to multiple purposes: it is in fact used in the health and construction sectors and, more broadly, in industrial contexts. Today the company is one of the main sector entities and stands out for its highly specialized know-how, its significant degree of customization, and the speed and flexibility of its manufacturing system, besides the great quality of its products.