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Frontier Spinning Mills, a Producer of Cotton and Polyester/Cotton Blend Yarns is Acquired
http://www.fashionnewspaper.com/articles/451/1/Frontier-Spinning-Mills-a-Producer-of-Cotton-and-PolyesterCotton-Blend-Yarns-is-Acquired/Page1.html
Maxamillion Blick

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By Maxamillion Blick
Published on 03/19/2008
 
Sun Capital Partners, Inc. (Sun Capital), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, this week announced that one of its affiliates has made an investment in Frontier Spinning Mills, Inc. (Frontier), a leading producer of cotton and polyester/cotton blend yarns. Terms of the acquisition were not disclosed.

Frontier Spinning Mills is one of the worlds largest producers of spun yarns for the knitting and weaving industries and holds market leading positions in open-end spinning. Offering a diverse product line to fulfill the demands of customers worldwide, Frontier applies state-of-the-art automated technology and innovation to every phase of its yarn manufacturing process. Yarn produced by Frontier is used in sportswear, undergarments, socks, sweaters, fleece, denim, and home furnishings.


Frontier Spinning Mills, a Producer of Cotton and Polyester/Cotton Blend Yarns to be Acquired
Sun Capital Partners, Inc. (Sun Capital), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, this week announced that one of its affiliates has made an investment in Frontier Spinning Mills, Inc. (Frontier), a leading producer of cotton and polyester/cotton blend yarns. Terms of the acquisition were not disclosed.

Frontier Spinning Mills is one of the worlds largest producers of spun yarns for the knitting and weaving industries and holds market leading positions in open-end spinning. Offering a diverse product line to fulfill the demands of customers worldwide, Frontier applies state-of-the-art automated technology and innovation to every phase of its yarn manufacturing process. Yarn produced by Frontier is used in sportswear, undergarments, socks, sweaters, fleece, denim, and home furnishings.

George R. Perkins, Jr., CEO and Chairman, Frontier Spinning Mills, Inc., said, We are pleased to partner with an affiliate of Sun Capital, a financial sponsor with substantial operating resources and expertise in the textile and manufacturing sectors. Frontier has enjoyed long-standing relationships with its very valued customers, and now, with an equity sponsor, we will be able to better execute on our strategic plans to expand our geographic footprint and add value to our stakeholders.

Aaron P. Wolfe, Vice President, Sun Capital Partners, Inc., added, We are excited to partner with George Perkins and Frontiers management team in the Companys recapitalization. We believe that Frontier is ideally positioned to continue to provide the highest quality products with the best customer services. We look forward to working with Frontier as it continues to expand its business.

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 185 companies worldwide with combined sales in excess of $35.0 billion since Sun Capitals inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, and New York, as well as affiliates with offices in London, Tokyo, and Shenzhen. For more information, please visit www.SunCapPart.com.

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