Private equity-backed American & Efird Global LP is buying Gutermann Holding SE’s industrial and consumer thread business for an undisclosed amount.

Gutermann, headquartered in Gutach, Germany, manufactures high-quality sewing thread products for consumer and industrial use. The products serve the apparel, shoes, leather goods, work wear, home textiles and automotive markets. The company has manufacturing facilities in Germany, Spain, Mexico and India.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.