Lindeman Asia

Activity by year

20222023202420252026

Acquisition

Announcements · 3

Jun 30, 2022ACQUISITION
LYCRA Company gains new equity ownership from financial institutions
The LYCRA Company announced that a group of financial institutions (Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited) have gained full equity control of the company, following the conclusion of a receivership process related to loan defaults by former parent Ruyi Textile.
The LYCRA Company target Lindeman Asia investor Lindeman Partners Asset Management investor Tor Investment Management investor China Everbright Ltd. investor #Industrial Textiles fiberjournal.com
Jun 30, 2022ACQUISITIONUnited States
Lenders take over Lycra from Shandong Ruyi after default
A group of lenders including Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management and China Everbright Ltd. have taken over American textile fiber manufacturer Lycra from Shandong Ruyi Group after Ruyi defaulted on a $400 million loan.
Shandong Ruyi Group acquirer The LYCRA Company target Lindeman Asia investor Lindeman Partners Asset Management investor Tor Investment Management investor China Everbright Ltd. investor #Industrial Textiles wwd.com
Jun 29, 2022ACQUISITIONWilmington, Delaware, United States
LYCRA Co. gains new equity ownership from financial institutions
The LYCRA Co. announced that a group of financial institutions (Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Ltd.) have gained full equity control of the company, following the conclusion of a receivership process related to loan defaults by former parent Ruyi Textile and Fashion International Group.
The LYCRA Company target Lindeman Asia investor Lindeman Partners Asset Management investor Tor Investment Management investor China Everbright Ltd. investor #Industrial Textiles textileworld.com

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