With its 60% share of fabric producer Collins & Aikman Corp., Heartland Industrial Partners LP wants to bolster its presence in Europe, says Cynthia L. Hess, Heartland senior managing director. Collins & Aikman has a No.1 or No.2 market position in North America for convertible tops, molded floor carpet, mats, headliner fabric, trunk trim and automotive bodycloth. But in Europe, C&A's position is weak. Ms. Hess says Heartland, a private equity fund, is working on “certain ...

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