Acquirer: Tom and David Judge (New Management Team)
Wisla Narrow Fabrics, a Greater Manchester-based textile manufacturer known for supplying technical textiles globally, including to the British Olympic cycling team, has successfully completed a buy-in management buyout (BIMBO). KBS Corporate advised on this transaction, which saw the company's founders exit while a new management team stepped in.Summary of transaction details:Value: Not disclosedSector: Industrials & Energy (Textile Manufacturing)Advisor: KBS CorporateKey Entities: Wisla Narrow Fabrics (Target), Tom and David Judge (Acquirer/New Management)Location: Greater Manchester, UKNote: This buy-in management buyout facilitated a shareholder exit for founders Edward and Ingrid Kozaczek, while introducing a new management team committed to driving further investment into new machinery, recruitment, and sales and marketing activities for the company.
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