Benchmark International Successfully Facilitated the Transaction Between Lining & Textile Distributors and a Private Consortium

Benchmark International is proud to announce the successful facilitation of the sale of Lining and Textile Distributors (Pty) Ltd (“L&T”) to a private consortium of seasoned investors and entrepreneurs.

L&T has been a trusted supplier of a comprehensive range of fabrics to the clothing and allied industries for over 30 years. Specializing in nylons and polyesters, the company is recognized for its commitment to quality, innovation, and reliable supply. With a strong focus on customer success, the business has built a loyal client base by continually developing new products to meet changing industry demands, ensuring a healthy balance between price and quality. The owner sought to retire and was keen to find a buyer capable of further developing the business’s potential and continuing its legacy of growth.

Gavin Zurnamer, Managing Director, commented on the acquisition: "From the outset, Benchmark understood our needs. Throughout the entire process, from marketing and engaging with potential buyers to finalising the sale agreement, they demonstrated exceptional discretion and professionalism. We’re excited to see the business develop under new ownership and are confident in its continued success and growth.”

Our Business is Selling Your Business.

Mark Matisonn, a representative of the Consortium added: “We are extremely excited about our acquisition of Lining and Textiles. We are grateful to be the new custodiams of a business which has been built up over decades by Gavin and David Zurnamer. Lining and Textiles has a dominant position with an outstanding reputation for quality and service and we aim to continue to improve and grow the business. Benchmark played a critical and valuable role in assisting the parties in concluding the transaction, in particular, we would like to thank Anthony Monné for his role.”

Reflecting on the transaction, Anthony Monné, Associate Director at Benchmark International, shared: “It was of utmost importance to Gavin to find a suitable acquirer with shared values and a vision that aligns with the company’s legacy as a second-generation business. The chosen consortium brings a wealth of knowledge and expertise in growing businesses, and we have no doubt that under their capable leadership, the business will continue to thrive and achieve even greater success. We wish both parties continued success as they embark on this exciting new chapter.”

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