WL Ross Finishes BST Safety Purchase

WL Ross & Co. has completed its acquisition of BST Safety Textiles GmbH, a manufacturer of flat and one-piece woven fabrics for automotive air bags as well as narrow fabrics for seat belts and military and technical uses. BST operates facilities in southern < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Germany, Poland and Virginia, with approximately 1,250 people worldwide. No financial terms were disclosed. www.wlross.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />