Jysk-Fynsk Kapital takes over the majority in United Textile Group (UTG)

Clearwater Advisor

The Danish Private equity company Jysk-Fynsk Kapital has taken over the majority in United Textile Group A/S – UTG. The former owner – the Møller-family – remains owners of the remaining shares.

UTG is situated in Ikast, has 1.100 employees and is the European leader in private labels garments for younger women. The UTG production takes place in Ukraine, Lithuania and Turkey. Design and sales are managed from Denmark.