# Datatex, Setex and Elvaston form holding company for textile IT solutions

Datatex and Setex, with investor Elvaston Capital Management, established Textile Solution Group GmbH, a holding company for IT solutions in the textile industry, aiming to become the global benchmark for digital solutions from fiber to garment.

- Type: Partnership
- Announced: 2023-09-15
- Where: Zug, Switzerland, Switzerland
- Status: announced
- Products: ERP software, automation solutions
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Datatex](https://endata.com/companies/52707.md) (partner)
- [Setex](https://endata.com/companies/72633.md) (partner)
- [Elvaston Capital Management](https://endata.com/companies/72634.md) (investor)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/2023/09/datatex-and-setex-with-elvaston-in-new-global-holding-company-textile-solution-group-gmbh/), 2023-09-15: "Datatex and Setex, in collaboration with a prominent international investor, Elvaston Capital Management GmbH, have established a holding company specializing in IT solutions for the textile industry."

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