# Neuenhauser Group acquires Ontec's Textile Machinery unit

Neuenhauser Group has taken over the Textile Machinery business unit of Ontec in Naila, Bavaria, effective November 1, 2022, expanding its product portfolio in textile machinery.

- Type: Acquisition
- Announced: 2022-11-18
- Where: Naila, Bavaria, Germany
- Status: completed
- Products: coating and scrim systems for technical textiles, winding technology
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Neuenhauser Group](https://endata.com/companies/66743.md) (acquirer)
- [Ontec](https://endata.com/companies/66744.md) (target)

## Sources

- [worldoftechnicaltextile.com](https://worldoftechnicaltextile.com/neuenhauser-group-acquires-textile-machinery-unit-of-ontec/), 2022-11-18: "We are pleased to be able to continue and expand innovative products and work with a competent team under the brand Neuenhauser Ontec."

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