Sun Capital Partners Affiliate Completes Acquisition Of InterfaceFABRIC

 
An affiliate of Boca Raton,
Fla.-based investment firm Sun Capital Partners Inc. has completed its acquisition of
InterfaceFABRIC, a Grand Rapids, Mich.-based interior contract fabrics business, from Atlanta-based
floor covering manufacturer Interface Inc. for an undisclosed price.

InterfaceFabric manufactures interior fabrics and upholstery products for office,
healthcare, hospitality and automotive markets; and has manufacturing facilities in Grand Rapids;
Elkin, N.C.; Guilford, Maine; Lancaster, S.C.; and Ningbo, China. The company recently expanded its
operation with the purchase of jacquard looms from Richloom Fabrics in Lancaster.

The company, which is committed to the use of environmentally sustainable manufacturing
practices and materials, markets its fabrics under the InterfaceFABRIC™, Chatham, Guilford of
Maine, Infinity, Teknit and Terratex® brands. Its automotive textile solutions include an
environmentally friendly body-cloth fabric to be used in the Ford Escape Hybrid beginning with 2008
models.

“We are pleased to have entered into an agreement with an affiliate of an experienced
financial sponsor,” said Chris Richard, president and CEO, InterfaceFabric. “This transaction will
provide InterfaceFabric with the operating and financial resources to execute on its existing
strategic plan to penetrate new market segments, make capital investments … and continue on our
path of offering environmentally sustainable fabrics.”



July 24, 2007

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