BGF Industries, Greensboro, N.C.-based maker of woven and nonwoven materials from high-performance fibers, has announced that a controlling interest in the company has been acquired by London-based private equity fund Warwick Capital Partners LLP.
In 1988, BGF became a subsidiary of the Porcher Groupe of Badinieres, France. BGF Industries is a manufacturer of woven and nonwoven materials from high performance fibers such as fiberglass, aramids, and carbon to make a variety of products. BGF products are utilized in aerospace composites, marine and recreational composites, high temperature filtration, automotive and industrial insulation, ballistic protection, electrical insulation and PTFE coating materials.
No change in the relationships that BGF has with its customers, employees or partners are expected.