Arsenal Capital Partners acquires majority stake in Velcro fastener manufacturer
Arsenal Capital Partners is acquiring a majority stake in Velcro Cos., the manufacturer of the iconic hook-and-loop fastener technology. The deal highlights the evolution of Velcro from a nylon-based biomimicry invention into a diversified plastics and engineered materials business.
Key quotes
Arsenal Capital Partners is acquiring a majority stake in Velcro Cos., a global manufacturer whose iconic hook-and-loop fasteners evolved from a nylon-based biomimicry invention into a diversified plastics and engineered materials business.
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