# SergeFerrari Group acquires Verseidag-Indutex GmbH

SergeFerrari Group SA acquired 100% of the shares of coated fabrics producer Verseidag-Indutex GmbH from Jagenberg AG. The acquisition strengthens SergeFerrari's position in flexible composite materials for tensile architecture and modular structures.

- Type: Acquisition
- Announced: 2020-07-29
- Where: Krefeld, Germany, Germany
- Status: completed
- Products: coated fabrics, composite fabrics for tensile architecture, glass-PTFE products, PVC coated fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Jagenberg AG](https://endata.com/companies/5475.md) (partner)
- [SergeFerrari Group](https://endata.com/companies/48721.md) (acquirer)
- [Verseidag-Indutex](https://endata.com/companies/48722.md) (target)

## Sources

- [specialtyfabricsreview.com](https://specialtyfabricsreview.com/2020/07/29/sergeferrari-group-acquires-verseidag-indutex/), 2020-07-29: "SergeFerrari Group announced the acquisition of Verseidag-Indutex, a world leader in PTFE glass materials, from Jagenberg AG."
- [jagenberg.com](https://www.jagenberg.com/newsroom/news-detail/news/sergeferrari-group-and-verseidag-indutex-gmbh-form-the-new-world-market-leader-in-flexible-composite-materials/), 2020-07-29: "SergeFerrari Group S.A. takes over from Jagenberg AG 100% of the shares of Verseidag-Indutex GmbH including its subsidiaries for an undisclosed amount."
- [textiletechnology.net](https://www.textiletechnology.net/news/takeover-by-sergeferrari-group-204947), 2020-08-04: "The manufacturer of innovative composite fabrics for lightweight architectural and outdoor applications SergeFerrari Group SA, La Tour-du-Pin/France, has taken over 100% of the shares of the coated fabrics producer Verseidag-Indutex GmbH, Krefeld/Germany, from Jagenberg AG, Krefeld."

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