Beaulieu International Group (B.I.G.) has sold its upholstery division, Tessutica, to GH Private Equity, the company announced on December 1. The transaction was completed on November 27, 2025.
The divestment follows a multi-year strategic review in which B.I.G. assessed how to allocate resources more efficiently and strengthen returns.
Tessutica, positioned in the premium upholstery segment, was deemed less aligned with the group’s long-term strategic priorities. Under a new shareholder, the company is expected to gain more room to invest and grow.
Tessutica requires ongoing investment in infrastructure and product development to maintain its leadership position, commitments that B.I.G. said could dilute focus from its core growth areas.
GH Private Equity – part of H Capital Ventures Group – specialises in acquiring non-core or underperforming business units from large multinationals, as well as small to mid-sized companies in need of financial or operational turnaround. The acquisition of Tessutica fits its carve-out strategy.
All 132 Tessutica employees (115 in Romania and 17 in Belgium) will remain with the company under existing conditions. Operations in both countries will continue as normal. Tessutica contributed 17 million euros to B.I.G.’s 2 billion euros turnover in 2024.
Financial details of the transaction were not disclosed.
Source: M&A
Read the full article at: https://manda.be/articles/beaulieu-international-group-sells-tessutica-to-gh-private-equity/
