# BlueGem Capital acquires Sirdar to form new DMC Group

BlueGem Capital Partners has acquired Sirdar, a Wakefield-based yarn and textiles manufacturer, and will combine it with DMC and Wool And the Gang to form a new DMC Group (Crafts Group Holding).

- Type: Acquisition
- Announced: 2017-04-07
- Where: Wakefield, England, United Kingdom
- Status: completed
- Products: yarn, textile products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BlueGem Capital Partners](https://endata.com/companies/23451.md) (acquirer)
- [Sirdar](https://endata.com/companies/23452.md) (target)

## Sources

- [bdaily.co.uk](https://bdaily.co.uk/articles/2017/04/07/wakefield-textile-manufacturer-acquired-by-private-equity-firm-to-form-new-dmc-group), 2017-04-07: "It brings together three complementary businesses, delivering real synergies in product offering, distribution channels and routes to market in the UK and globally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.