# New Wave Group completes acquisition of Cotton Classics Handels GmbH

New Wave Group has completed the acquisition of Austrian promotional textile wholesaler Cotton Classics Handels GmbH after regulatory approval. Closing will take place on 1 September 2025.

- Type: Acquisition
- Announced: 2025-08-19
- Where: Austria
- Status: completed
- Products: promotional textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [New Wave Group](https://endata.com/companies/86712.md) (acquirer)
- [Cotton Classics Handels GmbH](https://endata.com/companies/86713.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/new-wave-group-completes-acquisition-of-cotton-classics-handels-gmbh-ce7c51ddd88cf72d), 2025-08-19: "We are pleased to officially welcome Cotton Classics to the New Wave Group family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.