• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Baring Private Equity Partners exits Vardhman Textiles

04 Nov '17
1 min read
Courtesy: Vardhman
Courtesy: Vardhman

Barring Private Equity Partners India has exited its portfolio company Vardhman Textiles at a time when private equity participation has continued to touch new highs in India. The domestic private equity firm had exited listed non-banking financial company Muthoot Finance, domestic consumer products giant Marico and Godrej Consumer Products in September.

The development comes after the reported purchase, about a month back, of the entire stake of Marubeni Corporation and Marubeni Hong Kong and South China Limited by VMT Spinning Company, a subsidiary of Vardhman Textiles, one of the largest textile conglomerates in the country, according to a report in a leading Indian business daily.

Private equity firms have invested $17.6 billion over the first nine months of 2017, more than the earlier high of $17.3 billion, recorded in calendar year 2015, according to Venture Intelligence, a leading source of information and analysis on private company financials and transactions. (DS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search