• 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.