# Toyobo Europe to transfer Breathair operations to PHP Fibers joint venture

Toyobo Europe GmbH will transfer its European Breathair operations to PHP Fibers GmbH, a joint venture of Toyobo and Indorama Ventures, effective September 1, 2017.

- Type: Acquisition
- Announced: 2017-07-28
- Where: Obernburg, Germany, Germany
- Status: announced
- Products: Breathair cushion material, polyamide filament yarns, polyester filament yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [PHP Fibers GmbH](https://endata.com/companies/23840.md)
- [Toyobo Europe GmbH](https://endata.com/companies/25900.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (investor)
- [Toyobo](https://endata.com/companies/7774.md) (partner)
- [Indorama Ventures Public Co. Ltd.](https://endata.com/companies/16732.md) (partner)
- [PHP Fibers GmbH](https://endata.com/companies/23840.md) (acquirer)
- [Toyobo Europe GmbH](https://endata.com/companies/25900.md) (target)

## Sources

- [toyobo-global.com](https://www.toyobo-global.com/news/2017/release_15.html), 2017-07-28: "Toyobo Europe GmbH (TEG), a group company of Toyobo Co., Ltd., will transfer European operations related to Breathair to PHP Fibers GmbH (PHP Fibers), a Toyobo joint venture with Indorama Ventures Public Company Limited in Germany."
- [innovationintextiles.com](https://innovationintextiles.com/php-fibers-takes-over-breathair-business/), 2017-09-01: "We are pleased with this agreement which will expand our portfolio by a new and future-oriented product."

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