# Family investment group acquires Propex European operations

A family investment group specializing in polymer woven and nonwoven fabrics has acquired all controlling interest in Propex Operating Company LLC's Propex European operations, which will be renamed Propex Furnishing Solutions. The agreement also includes rights to purchase the furnishings business in the U.S.

- Type: Acquisition
- Announced: 2019-06-13
- Where: Germany, Hungary, Poland, Germany
- Status: announced
- Products: textile woven and nonwoven polypropylene and polyester fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Propex Operating Company LLC](https://endata.com/companies/39978.md) (target)
- [Propex Furnishing Solutions](https://endata.com/companies/39979.md) (partner)

## Sources

- [specialtyfabricsreview.com](https://specialtyfabricsreview.com/2019/06/13/propex-acquired-by-investment-group/), 2019-06-13: "A family investment group that specializes in polymer woven and nonwoven fabrics and coatings has acquired all controlling interest in Propex Operating Company LLC’s Propex European operations, which will be renamed Propex Furnishing Solutions."

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