Martex Fiber Acquires JBM Fibers

Martex Fiber Southern Corp., based in Spartanburg, S.C., has completed an add-on acquisition of JBM Fibers, a recycled fiber manufacturing business in Brownsville, Texas. Martex is a portfolio company of Milestone Partners, a private equity firm that is based in Radnor, Pa., and focused on lower middle market opportunities.

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