# Thrace Plastics acquires Italian technical textiles company Plydex

Thrace Nonwovens and Geosynthetics, a subsidiary of Thrace Plastics, has agreed to acquire 100% of Plydex S.r.l., an Italian trader of geosynthetic products, for €2.35 million. The binding agreement was signed on 27 October 2026.

- Type: Acquisition
- Announced: 2026-10-27
- Where: Dueville, Vicenza, Italy
- Value: $2.50M (2.35M EUR)
- Status: announced
- Products: geosynthetic products, woven and non-woven geotextiles, geogrids, drainage geocomposites, EPDM membranes, erosion-control materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Plydex S.r.l.](https://endata.com/companies/15349.md) (target)
- [Thrace Plastics Co SA](https://endata.com/companies/28769.md) (acquirer)

## Sources

- [euro2day.gr](https://www.euro2day.gr/en/article/2376000/thrace-plastics-acquires-italian-technical-textile), 2026-10-30: "The acquisition forms part of the Group's strategy to strengthen its presence in the technical textiles sector."
- [yunoai.io](https://www.yunoai.io/news/thrace-plastics-acquisizione-plydex-geosintetici-vicenza), 2026-11-05: "Thrace Plastics, gruppo greco quotato attivo nei tessuti tecnici e negli imballaggi, ha acquisito il 100% di Plydex"

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