Teppel Buys Samelson Chatelane

NEW YORK—Mark Teppel, President of Charles Samelson Inc. the converter, has purchased 100% of the company from Harry Samelson as of December 31, 2021. The purchase includes ownership of Chatelane and Coral Fabrics divisions. The purchase price was not disclosed. Prior to the acquisition, Teppel owned 60 percent of the company which he joined in 1981. He purchased the balance...