WSP Textiles

WSP Textiles

Business Profile:

  • Market leading manufacturer of high performance woven cloth in both the tennis and billiard sports sectors for use on quality tennis balls, snooker and pool tables
  • Based at two plants in Stroud, Gloucestershire with a total of 160 employees

Key Strengths:

  • Strong, experienced and professional management team
  • Unrivalled technical skill base and know how
  • Market leader in global woven tennis ball cloth, supplying all the major brands
  • 'Strachan' snooker brand is the clear high quality market leader
  • Exposure to growth markets, including Asia and South America

WSP Textiles Ltd was sold to Iwan Simonis SA/Saluc SA in January 2016, generating an IRR in excess of 30%

 

 

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Vespa Capital managed to comprehensively assimilate the business and its drivers more effectively than any other party, and, in so doing, built up a significant degree of trust with the vendors, their advisors and the management team.

David Smith, CEO, WSP Textiles