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Tioopo Capital acquires UK's textile firm Peter Jackson & Sons

29 Dec '21
2 min read
Pic: Belinda Wu | Dreamstime.com
Pic: Belinda Wu | Dreamstime.com

Peter Jackson & Sons (PJS), a leading textile manufacturer for the pet sector, and Tioopo Capital, a pan European Private Equity firm, have announced the signing of agreements under which Tioopo will acquire a majority stake in PJS. The company is based in the textile heartland of West Yorkshire and has built a strong reputation in the pet bedding market.

Tioopo’s investment will create both sustainable and dynamic growth, encouraging local expansion to meet the growing demands of the market on both a domestic and global platform.

Peter Jacksons & Sons ongoing commitment to manufacturing the finest quality fabrics from sustainable raw materials such as British Wool and fibre generated from recycled PET bottles, make them one of the UK’s pioneers in sustainable textile production.

Cyril Aboujaoude, co-founder of Tioopo Capital, said: "We are delighted to announce our first deal in the UK and look forward to preserving the Jackson Family’s culture around high quality in the fast-growing market of pet products. We realise the potential of this family-run business and will work alongside the management to meet it in every sense.”

Philip Jackson, CEO of Peters Jacksons & Sons, said: “We are proud to pursue our company’s journey with Tioopo Capital and to reinforce our family business by forming a partnership that will provide us the right tools and expertise to catch our growing client order book.”

Fibre2Fashion News Desk (KD)

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