#Home Textiles

2025-12-01

Beaulieu International Group announces the sale of its upholstery business to GH Private Equity

Beaulieu International Group (B.I.G.) has signed a Share Purchase Agreement with GH Private Equity to sell all shares of its upholstery activities, known under the brand name Tessutica. The closing was officially finalized on Thursday 27 November 2025.

In recent years, B.I.G. has thoroughly reviewed its portfolio for strategic fit. This disciplined approach to portfolio management enables B.I.G. to deploy resources more effectively and generate higher returns. Due to the limited strategic fit within our broader portfolio, we believe Tessutica stands a better chance to succeed under ownership that is more strategically aligned.

The business strategy of Tessutica is to focus on market leadership in the premium market segment, which demands continuous investment in infrastructure and product development to secure long-term returns. However, this ongoing investment risks diverting essential resources away from our core high-growth areas, where we see greater potential to establish market leadership.

The shares of Tessutica were sold to GH Private Equity. GH Private Equity, part of H Capital Ventures Group, specializes in the acquisition of small to medium sized businesses in challenging situations that require financial and operational turnaround. Given their focus on acquiring non-core businesses and underperforming divisions of large multinational companies (carve-outs), the acquisition of Tessutica fits well with their growth ambitions.

Following the transfer, all 132 employees (115 in Romania & 17 in Belgium) will remain with the company under the same employment terms and conditions. Daily operations will continue as usual at the sites in Romania and Belgium. In 2024, Tessutica contributed €17 million to B.I.G.'s total turnover of €2 billion.

No financial details about the transaction will be disclosed.

B.I.G. Yarns strengthens European market position with major investment in state-of-the-art yarn production

B.I.G. Yarns, a leading designer and manufacturer of polyamide (PA), polypropylene (PP), and polyester (PET) carpet yarns for commercial, automotive, residential, and technical applications, is proud to announce a significant investment of €25 million in its French yarn production site. This investment reinforces its commitment to innovation, sustainability, and European manufacturing. It includes the installation of cutting-edge BCF lines, enhancing B.I.G. Yarns’ leadership in one-step 3-ply yarns and further solidifying its position as a key player in the global market.

ADVANSA launches ADVA®tex: A new step toward textile-to-textile recycling

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Global market overview: Carpets & Rugs strengthens the carpet industry with trends, expertise and an expanded portfolio

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KARL MAYER celebrates 35 years of EL pattern drive

KARL MAYER is celebrating an anniversary this year: on 30 November 1990, the first warp knitting machine with electronic guide bar control, the KS 4 EL, was delivered – another milestone for patterning. As early as 1980, the SU gearbox with the MRS42SU had initiated the transition from mechanical chains to digital data.

The region of renewable raw materials: Central German Alliance for Bioplastics

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