Texol acquires majority stake in ORMA

Texol, a manufacturer of special topsheet and elastic materials for hygiene applications, purchased a majority stake in ORMA, a maker of hydroentanglement specialty products for medical, tablecloth, cosmetics and wipes industries. The acquisition aims to expand Texol's market presence beyond hygiene applications.

“Together, the two companies will produce and supply unique products taking and combining the advantages and synergies of Texol know-how, experience in technologies and products development with ORMA’s expertise and capabilities in production, logistics and market knowledge.”innovationintextiles.com

• 1 source
• innovationintextiles.comTexol acquires majority of ORMAApr 3, 2017

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