Shawmut Corp. to merge Glen Raven Technical Fabrics headliner fabric operations

Shawmut Corp. and Glen Raven Technical Fabrics have agreed to merge GRTF's automotive headliner and specialty industrial fabrics business into Shawmut, with Shawmut as majority owner.

“The transaction is a logical evolution for Shawmut and GRTF, a division of Glen Raven Inc., whose 18-year strategic relationship has redefined standards for quality and technical support in the industry.”textileworld.com

• 5 sources
• textileworld.comShawmut Corp. To Merge Glen Raven Technical Fabrics Headliner Fabric Operations With Global Lamination Platform | Textile WorldJim BornemanJun 28, 2018
• innovationintextiles.comGRTF headliner fabric operations to merge into ShawmutJun 29, 2018
• specialtyfabricsreview.comGlen Raven and Shawmut merge operations - Specialty Fabrics ReviewATAJul 23, 2018
• textilemedia.comLatest News - Page 158Aug 9, 2018
• nutter.comNutter Advises Shawmut Corp in Joint Venture with Glen Raven Technical Fabrics: Nutter, McClennen & Fish, LLP Law Firm

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