# Sparring Capital acquires majority stake in geosynthetics maker Afitexinov

Sparring Capital announced the acquisition of a majority stake in Afitexinov, a French leader in geosynthetics, alongside its management team and Swen Capital Partners. Afitexinov generated approximately €36 million in 2022 and employs over 150 people.

- Type: Acquisition
- Announced: 2023-01-17
- Where: France
- Status: announced
- Products: geosynthetics, drainage and reinforcement solutions
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Sparring Capital](https://endata.com/companies/6377.md) (acquirer)
- [Afitexinov](https://endata.com/companies/67928.md) (target)
- [Swen Capital Partners](https://endata.com/companies/67929.md) (investor)

## Sources

- [sparringcapital.com](https://sparringcapital.com/en/sparring-capital-acquires-a-majority-stake-in-afitexinov/), 2023-01-17: "Backed by its new shareholders, Afitexinov aims at accelerating its development in the upcoming years, by further expanding its geographical coverage and by carrying out targeted external growth operations."

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