Elevate Textiles Inc, the parent company of A&E, Burlington, Cone Denim, Gütermann, and Safety Components – and formerly known as International Textile Group (ITG) – has named Per-Olof Loof as president and CEO.
The company was formed earlier this year following the integration of sewing and embroidery thread major American & Efird (A&E) and ITG under the leadership of Platinum Equity.
Providing premium fabric and thread solutions globally, Elevate Textiles has 25,000 customers in over 100 countries and across six continents via a global footprint that includes 37 facilities and over 15,000 employees.
Brandon Crawley, principal at Platinum Equity who has been serving as Elevate’s interim global CEO, says: “We see tremendous opportunity to leverage the company’s expanded global footprint and advance as leaders in innovation and sustainability. Per brings the right passion and drive to Elevate with more than 30 years of demonstrating strategic leadership to quickly and successfully drive business growth.”
Loof has served as CEO across multiple industries and sectors, with a focus on technology, innovation and multinational operations. He most recently spent 13 years as CEO of Kemet Electronics Corporation, a leading manufacturer of electronic components.
“Elevate brands and operations have tremendous market credibility and the right offerings with leading innovations, sustainable solutions and unprecedented product and operational expertise to advance our industry leadership,” he says.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
