◂ Announcements

Jun 20, 2019ACQUISITIONDrebach, Germany, Germany

Filidea acquires Hoftex CoreTech from Hoftex Group

Italian company Filidea announced the acquisition of Hoftex CoreTech from the German group Hoftex. The agreement was signed in May 2019, with closing on 1 September 2019.

Status

Announced

Productstechnical yarns

CompaniesHoftex Group Hoftex Group partner Filidea acquirer Hoftex CoreTech target

Sectors#Industrial Textiles

“The Italian company Filidea, specialised in technical and performing products made out of natural, synthetic and artificial fibres, has announced the acquisition of Hoftex CoreTech from the German group Hoftex.”innovationintextiles.com

2 sources
innovationintextiles.comFilidea acquires Hoftex CoreTechJun 20, 2019
man-made-fibers.textiletechnology.netAgreement to sell Hoftex CoreTech GmbHEditorial Team TextileTechnologyJul 15, 2019

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

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