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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Indorama Ventures completes acquisition of German airbag yarn producer UTT · Endata

◂ Announcements

Feb 28, 2019ACQUISITIONGersthofen, Bavaria, Germany

Indorama Ventures completes acquisition of German airbag yarn producer UTT

Indorama Ventures Public Company Limited has completed the acquisition of UTT Beteiligungsgesellschaft mbH, a leading supplier of airbag fabrics with manufacturing sites in Germany and Mexico and a combined capacity of around 70 million sqm of fabrics.

Jobs

140

Status

Completed

Capacity

70 million sqm of fabrics

Productsairbag fabricstechnical textiles

CompaniesIndorama Ventures acquirer Invista Resins and Fibers target UTT Beteiligungsgesellschaft mbH target

Sectors#Industrial Textiles #Automotive Components

“I am excited to bring UTT to the IVL family.”beta.indoramaventures.com

2 sources
beta.indoramaventures.comIndorama Ventures | Indorama Ventures Completes Acquisition of German Airbag Yarn Producer UTTFeb 28, 2019
chemanager-online.comIndorama Closes Deal for Invista Gersthofen • CHEManager is the market-leading medium for the management of the chemical and pharmaceutical industryMar 11, 2019

Summarized from public sources; check the original articles before acting on it.

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