The LYCRA Company Announces New Equity Ownership

The LYCRA Company, a global leader in developing innovative fiber and technology solutions for the apparel and personal care industries, today announced that a group of financial institutions, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited (“New Shareholders”), have gained full equity control of the Company.

The change of equity control follows the conclusion of the receivership process that started in February when th…


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