PE fund Elaghmore finds perfect fit for school uniform business Trutex with £12.5m deal
A PE-backed school uniform producer, founded more than 150 years ago and headquartered in Clitheroe, has been sold to a company listed on the Australian Stock Exchange in a deal valued at £12.5m.
Private equity fund Elaghmore has sold Trutex to Hancock & Gore.
Trutex joins H&G’s school wear portfolio alongside Schoolblazer UK and Mountcastle. The three businesses will now operate under the newly formed Schoolblazer Group (formerly Global Uniform Solutions), as H&G positions itself to become a leading global brande... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
