Arsenal Capital Partners has agreed to acquire a majority stake in Velcro Companies, the New Hampshire-based owner of the VELCRO brand and the original inventor of hook-and-loop fastening technology, from the Cripps Foundation. The Cripps Foundation will continue as a significant minority shareholder.
Velcro Companies is the global developer and manufacturer of the hook-and-loop fastening systems that bear the VELCRO brand — one of the few commercial trademarks to become a common noun in ever...
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