Identify assets in the textile manufacturing and distribution space which can benefit from adopting sustainable practices. Ideally these will be existing assets; new projects may be needed where appropriate asset conversion opportunities are unavailable.
Acquire (through equity investment, or joint venture models) sufficient stakes in target firms to convert these assets towards production of sustainable textiles which meet globally recognized sustainability criteria.
Assemble and deploy textile manufacturing and distribution subject matter experts to implement sustainable textile best practices (with external validation) into portfolio companies to increase ROI and dividends to investors.
Develop upstream relationships with raw material suppliers and retailers to further progress end-to-end circularity in the textile value chain. As part of this, PRESSTAR will commission research and collaborate with R&D firms to develop new sustainable ingredients and processes.
PRESSTAR will selectively participate in early-stage investments in the sustainable textiles space; however, the primary purpose of these investments will be to support the production and distribution assets to ensure that concepts are materialized as soon as possible.