trending Market Intelligence /marketintelligence/en/news-insights/trending/uCJM1ouzJFr04tGCgjNv7g2 content esgSubNav
In This List

Report: Carlyle acquires stake in Jeanologia

Case Study

A Sports Team Navigates Business Through Disruptive Times

Blog

Banking Essentials Newsletter May 29th Edition

Blog

Managed Services Insights: The client lifecycle management solution

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency


Report: Carlyle acquires stake in Jeanologia

Carlyle Group LP bought a 40% stake in Jeanologia SL from MCH in a deal that values the Spain-based denim manufacturing equipment maker at €150 million, the Financial Times reported, citing people directly familiar with the deal.

Carlyle is set to grow the brand globally and increase its research and development efforts, the sources said. Carlyle managing director Alex Wagenberg will join Jeanologia's board as part of the transaction.

MCH, a Spanish private equity group, bought a minority stake in Jeanologia in 2016. Carlyle did not comment on the matter, according to the FT.