Nonwovenn, one of the world’s leading nonwoven fabric technology companies, has been acquired by CorpAcq, the Altrincham-based business acquisitions compounder backed by TDR Capital. The transaction marks a successful exit for BGF, the UK and Ireland’s most active growth capital investor.
Founded in 2003 by Chairman David Lamb, Nonwovenn specialises in the manufacture and supply of bespoke technical fabrics for niche markets, with a strong focus on harm reduction. Its product portfolio includes advanced materials used in protective clothing and wound treatment. Since BGF’s initial multi-million-pound investment in 2016, the company has undergone a period of sustained growth and operational expansion.
Nonwovenn has increased its annual turnover from £19 million in 2016 to £46 million in 2025, with strong momentum continuing into 2026. The business has recorded 19 consecutive years of profitability and has established itself as a significant exporter. A major employer in Somerset, the company recently invested £1.5 million in research and development to further strengthen its CBRN (chemical, biological, radiological and nuclear) protective solutions.
Commenting on the acquisition, David Lamb, Chairman of Nonwovenn, said the company was proud of its long-term performance and growth journey. He noted that BGF’s support had played a crucial role in driving innovation, diversifying the product range and enabling international expansion, and expressed enthusiasm for building on these strong foundations as part of CorpAcq’s portfolio.
The exit for BGF was led by Paul Oldham, supported by Louis Hall from BGF’s Bristol team, with Alantra providing corporate finance advice to the Nonwovenn shareholders.
Paul Oldham, BGF, said Nonwovenn had gone from strength to strength since the firm’s investment in 2016, delivering outstanding returns. He praised the management team for building a loyal customer base through consistently high levels of service and product development, and welcomed the next phase of growth under CorpAcq’s ownership.
Stuart Kissen, Head of Acquisitions at CorpAcq, described Nonwovenn as an outstanding business with a strong market position, attractive growth prospects and a highly experienced management team. He said CorpAcq sees significant opportunity in the fabric technology space and looks forward to establishing a long-term partnership as Nonwovenn enters its next stage of development.
Source: Textile World
(Rewritten & adapted by Indian-Apparel.com News Desk)
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