Wisla Narrow Fabrics

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 disclosed
• Sector: Industrials & Energy (Textile Manufacturing)
• Advisor: KBS Corporate
• Key Entities: Wisla Narrow Fabrics (Target), Tom and David Judge (Acquirer/New Management)
• Location: Greater Manchester, UK

Note: 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.