# Polytex Technologies acquires its German distributor Polytex Technologies GmbH

Israeli workwear management company Polytex Technologies Ltd. has acquired its German distributor Polytex Technologies GmbH, making it a fully owned subsidiary. The subsidiary will remain in Bielefeld, Germany.

- Type: Acquisition
- Announced: 2021-11-29
- Where: Bielefeld, Germany
- Status: completed
- Products: workwear management solutions
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Polytex Technologies](https://endata.com/companies/59283.md) (acquirer)
- [Polytex Technologies](https://endata.com/companies/59283.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/polytex-technologies-acquires-its-german-representative-301432748.html), 2021-11-29: "This acquisition was precipitated by the huge potential of Germany and the wider German-speaking market, where Polytex Technologies GmbH already has hundreds of installations at prominent hospitals, leading pharmaceutical companies, and food manufacturers."

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