DBAG and DBAG Fund V sell Heytex to Bencis

Deutsche Beteiligungs AG and DBAG Fund V sold their shares in Heytex, a manufacturer of technical textiles, to Bencis. The sale concludes DBAG Fund V, which saw Heytex expand into the US and acquire Tencate.

“We are delighted that we were able to conclude the very good development of DBAG Fund V with this disposal.”dbag.com

• 2 sources
• dbag.comHeytex investment sold – successful conclusion of DBAG Fund VJan 3, 2023
• bencis.comBencis and management have acquired all shares in the technical textiles specialist HEYtex | BencisVanessa BlaseMar 8, 2023

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