Goldman-Backed Recycled Cotton Supplier Valued at $1 Billion

Recover, the Valencia, Spain based producer of recycled cotton fibre and cotton fibre blends for many major fashion brands, has closed a $100 million minority equity investment led by Goldman Sachs Asset Management and existing investor STORY3 Capital Partners. The new funding values ​​the company at $1.1 billion, according to sources close to the deal. … Read more