Home / Knowledge / News / Textiles / Calera Capital acquires majority stake in Carnegie Fabrics
Calera Capital acquires majority stake in Carnegie Fabrics
17
Jan '17
Courtesy: Carnegie Fabrics
Courtesy: Carnegie Fabrics
Private equity firm Calera Capital has bought a majority stake in Carnegie Fabrics, a supplier and innovator of sustainable interior textiles and wallcoverings for the corporate, healthcare and hospitality markets. The president of the family owned Carnegie Fabrics, Cliff Goldman will retain a significant equity interest in Carnegie Fabrics.

Carnegie was the first innovator and developer of Xorel fabrics, which provide a durable alternative to PVC materials and also bio-based Xorel, the first plant based high performance textiles in the world.

Carnegie represents Calera’s second investment in Fund V and reinforces Calera’s strength and track record of successfully partnering with strong, founder or family-owned businesses and leading management teams.

Mark Williamson and Ethan Thurow, managing partner and managing director, respectively at Calera Capital led Calera’s investment in Carnegie and will join the company’s board. (AR)

Fibre2Fashion News Desk – India


Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Michael Van Den Dolder,

Michael Van Den Dolder

Family-owned German textile machinery manufacturer Trützschler operates...

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Awanda Booth,

Awanda Booth

Held every year in New York City, Surtex is a global business-to-business...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search