Investment Overview

Investment timing: 2024/3
Deal type: Carve-Out
Fund: AG III Series Funds
Status: Active

Investment Background / Post-Investment Activities

Investment Background

As one of the major manufacturers in the textile industry, Daiwabo has been a driving force behind Japan’s postwar economic growth. In recent years, the company has manufactured high-functional cotton and non-woven fabrics utilizing synthetic and recycled fibers, and developed from materials in collaboration with major companies including sanitary material manufacturers, resulting in strong business relationships with them. The company manufactures industrial materials and clothing in niche areas such as construction sheets and filters. The Aspirant Group invested in Daiwabo in response to the carve-out needs of its former parent company, Daiwabo Holdings, with the aim of supporting Daiwabo’s independence and sustainable growth.