Redbank-based textile converter Brand & Oppenheimer announced Wednesday it has acquired the assets of high-performance fabric supplier Performance Textiles. The acquisition was sponsored by Praesidian Capital, an investor in B&O. Financial terms were not disclosed.
According to the release, B&O said that Performance Textiles will complement its textile capabilities with a product line targeted to sports, recreational products, high visibility work-wear, commercial, military and government end uses.
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