# 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.

- Type: Acquisition
- Announced: 2023-01-03
- Where: Germany
- Status: completed
- Products: technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Deutsche Beteiligungs AG](https://endata.com/companies/5437.md) (partner)
- [Bencis](https://endata.com/companies/37808.md) (acquirer)
- [Heytex](https://endata.com/companies/67664.md) (target)

## Sources

- [dbag.com](https://www.dbag.com/newsroom/detail/heytex-investment-sold-successful-conclusion-of-dbag-fund-v/), 2023-01-03: "We are delighted that we were able to conclude the very good development of DBAG Fund V with this disposal."
- [bencis.com](https://bencis.com/bencis-and-management-have-acquired-all-shares-in-the-technical-textiles-specialist-heytex/), 2023-03-08: "Heytex has proven to be very resilient in recent years, among other things by strengthening its global competitive position."

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