Private equity firm buys controlling interest in BGF Industries

BFG Industries says there should be no change in the relationships that it has with its customers, employees or partners as a result of the sale.

London-based private equity firm Warwick Capital LLP has purchased controlling interest in BGF Industries Inc., Greensboro, NC, the U.S. subsidiary of Porcher Industries, Badinieres, France. BFG Industries is a manufacturer of woven and nonwoven materials from high performance fiber.

“Bringing together the technical expertise of manufacturing high performance fibers with the backing that Warwick Capital LLP provides brings us closer to making additional strategic investments that will provide the highest level of quality products and will allow us to continue to make technical advancements and innovation within our industries,” said Robby Dunnagan, BGF president.

There should be no change in the relationships that BGF or Porcher have with its customers, employees, or partners as a result of this sale.