Home / Knowledge / News / SILLC to sell GST AutoLeather to Advantage Partners
SILLC to sell GST AutoLeather to Advantage Partners
Apr '08
Advantage Partners, LLP, (Advantage Partners) an Asia-based private equity firm, announced that the funds that it services have entered into an agreement to acquire 100% of GST AutoLeather Inc (GST), a leading global supplier of automotive leather, from SILLC Holdings, LLC.

GST is a premier global provider of leather upholstery for automotive seating and trim and supplies many of the world's major automotive original equipment manufacturers, including Toyota, Honda, General Motors, Chrysler, Ford, Volkswagen, SAIC, and Nanjing, among others.

GST has provided premium quality automotive leather interiors for the world's leading automakers and suppliers for more than 70 years.

With a global network of sales, customer service, and manufacturing operations in Mexico and China, GST is a market leader in automotive leather in North America, Japan, and China.

GST is well regarded for its customer-centric approach, rigorous quality standards, and integrated ability to design, manufacture, and supply top quality automotive leather worldwide.

On announcing the transaction, Dennis Hiller, CEO of GST, said, “It has been a pleasure to work with the senior management team of Advantage Partners.

I have been truly impressed with their professionalism and knowledge of our industry. It is evident that Advantage Partners and the management team of GST share the same vision of building the world's best automotive leather company.

Advantage Partners' resources will allow GST to realize its growth potential, while maintaining its core principle of providing maximum value to our customers.”

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search