Gloucester Exits Chapter 11 Bankruptcy
January 7, 2011- Share:
Gloucester Engineering has emerged from bankruptcy majority owned by Blue Wolf Capital Partners. The company, which provides equipment for the plastics extrusion and converting industry, filed for Chapter 11 bankruptcy protection in June 2010 and received $6 million of DIP financing from Blue Wolf. Prior to filing for bankruptcy, the company had been owned by Mousam Ventures.
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