M&A NEWS

CVC buys minority stake in Israeli camouflage maker Fibrotex

The Catalyst III fund is reported to be paying about $350m for 40%, with the founding Blum family keeping control

M&A News deals deskIndustrials / Defence · Asia-Pacific12 Oct 2026

CVC Capital Partners said on 12 October 2026 that its Catalyst III fund had agreed to acquire a minority stake in Fibrotex, an Israeli maker of multispectral camouflage, in partnership with the founding Blum family.

Why CVC Capital Partners (CVC Catalyst III) is buying Fibrotex (minority stake)

CVC said the investment will support Fibrotex's continued innovation and international expansion. Its products are designed to conceal troops and equipment from the naked eye as well as thermal cameras, night-vision devices and radar.

Deal terms and financing

CVC did not disclose financial terms. Israeli business daily Calcalist reported that CVC is buying 40% for about US$350m, with the Blum family retaining 60%.

Regulatory approvals and timing

The transaction is subject to customary regulatory approvals and is expected to complete in the first half of 2027.

Market context

Fibrotex has principal locations in Petah Tikva, Israel, and Kentucky, US; Calcalist reported that most of its sales go to the US military.

More Asia-Pacific M&A news

All Asia-Pacific deals →