# Duroc acquires Cotting Group

Duroc AB signed a memorandum of understanding to acquire the Cotting Group, comprising Griffine Enductin SA in France and Plastibert & Cie. NV in Belgium, producers of PVC and PU coated technical textiles with annual turnover of about €70 million.

- Type: Acquisition
- Announced: 2019-06-12
- Status: announced
- Products: PVC coated textiles, PU coated textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Duroc AB](https://endata.com/companies/39947.md) (acquirer)
- [Cotting Group](https://endata.com/companies/39948.md) (target)
- [Griffine Enductin SA](https://endata.com/companies/39949.md) (target)
- [Plastibert & Cie. NV](https://endata.com/companies/39950.md) (target)
- [Mecaseat NV](https://endata.com/companies/39951.md) (partner)

## Sources

- [view.news.eu.nasdaq.com](https://view.news.eu.nasdaq.com/view?id=b57f56efb2b41cec9e3954a8e95027dc6&lang=en), 2019-06-12: "The acquisition of the Cotting Group will therefore increase total group revenues by ca 25% at the same time as establishing Duroc in an industry with a fragmented structure and good conditions for growth."

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