# Pamica acquires 60% stake in Swedish textile company Artex

Pamica acquired 60% of the shares in Artex, a Swedish textile company supplying fabrics for automotive, furniture, and marine industries, which expects 2022 revenues of SEK 200 million.

- Type: Acquisition
- Announced: 2022-09-28
- Where: Sweden
- Status: announced
- Products: fabrics for automotive, furniture, and marine industries
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Pamica](https://endata.com/companies/65598.md) (acquirer)
- [Artex](https://endata.com/companies/65599.md) (target)

## Sources

- [mainsights.io](https://www.mainsights.io/ma-news/pamica-acquires-swedish-based-textile-company-artex), 2022-09-28: "Pamica expands its portfolio and acquires 60% of the shares in Artex, which expects to reach revenues of SEK 200m in 2022."

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