# Thrace Nonwovens acquires Italian geosynthetics distributor Plydex

Thrace Nonwovens and Geosynthetics Single Person S.A., a wholly owned subsidiary of Plastics Thrace, acquired 100% of Plydex S.r.l., an Italian distributor of technical textiles and geosynthetic products, for €2.35 million. The agreement was signed on October 27, 2026.

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

## Companies

- [Thrace Nonwovens and Geosynthetics Single Person S.A.](https://endata.com/companies/15347.md) (acquirer)
- [Plastics Thrace](https://endata.com/companies/15348.md) (partner)
- [Plydex S.r.l.](https://endata.com/companies/15349.md) (target)

## Sources

- [industry-news.gr](https://industry-news.gr/plastika-thrakis-exagora-italikis-etaireias-technikon-yfasmaton/), 2026-11-03: "Η εξαγορά εντάσσεται στον στρατηγικό σχεδιασμό του Ομίλου για την ενίσχυσή του στον κλάδο των τεχνικών υφασμάτων."

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