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Bainbridge buys Mathelin textile & dyeing operation
19 Jun '07
2 min read
Bainbridge International Ltd, the UK manufacturer of Sailcloth and Sailmaking Hardware, and distributor of Marine Equipment has joined forces with four partners to complete the purchase of the trade and assets of Mathelin, the specialist textile dyer and finisher.
Based in the Rhone-Alpes region of France, Mathelin went into administration at the beginning of 2006. The new business entity will trade as MAT (Mathelin Appret Teinture).
The expertise and skill of Mathelin had been used by Bainbridge for many years to finish the Ocean and HSX ranges of technical sailcloth. Finishing is key to the final quality of the product and losing such a specialised supplier would have meant considerable investment in both resource and in finding an acceptable alternative.
Fortunately, four other French customers of Mathelin, who, along with Bainbridge, accounted for over 50% of the business, also saw the need to maintain continuity of supply for their respective textile products.
Tissage Robert Gauthier et Fils, Verne et Clet, Benaud Creations and Thoviste formed a consortium with Bainbridge and eventually completed the transaction in May 2007.
Under new French management, MAT will restructure in its current location, thus securing the future supply of finished cloth for its new joint owners and will aggressively seek new business opportunities.
Based in the Rhone-Alpes region of France, Mathelin went into administration at the beginning of 2006. The new business entity will trade as MAT (Mathelin Appret Teinture).
The expertise and skill of Mathelin had been used by Bainbridge for many years to finish the Ocean and HSX ranges of technical sailcloth. Finishing is key to the final quality of the product and losing such a specialised supplier would have meant considerable investment in both resource and in finding an acceptable alternative.
Fortunately, four other French customers of Mathelin, who, along with Bainbridge, accounted for over 50% of the business, also saw the need to maintain continuity of supply for their respective textile products.
Tissage Robert Gauthier et Fils, Verne et Clet, Benaud Creations and Thoviste formed a consortium with Bainbridge and eventually completed the transaction in May 2007.
Under new French management, MAT will restructure in its current location, thus securing the future supply of finished cloth for its new joint owners and will aggressively seek new business opportunities.
Bainbridge International Ltd
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