News

Meriturn announces reorganisation and acquisition of Irving Tanning

20/09/2005

Meriturn Partners, LLC, has completed the reorganisation and acquisition of Irving Tanning Company.

Over $14.5 million of new equity and debt capital has been arranged by Meriturn for the transaction, with acquisition and working capital financing provided by Wells Fargo Business Credit. Meriturn also worked closely with state and local officials to strengthen Irving's capital structure.

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