# 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.

- Type: Acquisition
- Announced: 2017-04-03
- Where: Alanno, Italy
- Status: completed
- Products: hydroentanglement specialty products for medical, tablecloth, cosmetics, wipes
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Texol](https://endata.com/companies/23268.md) (acquirer)
- [ORMA](https://endata.com/companies/23269.md) (target)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/texol-acquires-majority-of-orma/), 2017-04-03: "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."

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