Greybull Stewardship Acquires Mid-West Textile

Greybull Stewardship, a private investment firm, is acquiring Mid-West Textile, a prominent used textile collection and recycling company in the U.S. Financial details of the acquisition have not been disclosed.

Founded in 1982, Mid-West Textile is recognized as one of the largest textile recyclers in the country, offering services to thrift retail stores, fibre reclamation operators, and industrial wiping cloth suppliers. The company also operates several Thrift Town retail stores in Texas and New Mexico.

This acquisition reflects Greybull’s belief in the long-term potential of the textile recycling sector. The firm aims to provide Mid-West Textile with the necessary capital and operational support to facilitate its growth.

Mason Myers, founder and CEO of Greybull Stewardship, emphasized the increasing consumer and business focus on waste reduction and material longevity, presenting significant opportunities for established businesses in the textile recycling industry.