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Supplier Notes

CapVis, Management Team Purchase Benninger Textile

CapVis Equity partners AG, a Swizerland-based private equity firm, has purchased 85 percent of the shares of Switzerland-based textile machinery manufacturer Benninger Textile Systems Co. Ltd. per a transaction retroactive to July 1, 2005. Benninger's management team, including Franz Koller, current CEO and former managing director, now owns the remaining 15 percent.

Switzerland-based Benninger Guss AG and Benninger Immobilien AG are not a part of the sale, which had an undisclosed transaction price. Charles Peter, the company's former owner and sole shareholder, has been named honorary president.

March/April 2006




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