# Chargeurs PCC Fashion Technologies to acquire business units of Swiss company Cilander

Chargeurs PCC Fashion Technologies signed a binding agreement to acquire two strategic business units of Swiss company Cilander, including the Geissbühler factory in Lützelflüh and the ALUMO shirt fabrics brand. The transaction is expected to close early Q3 2024.

- Type: Acquisition
- Announced: 2024-05-30
- Where: Lützelflüh, Switzerland, Switzerland
- Value: $21.6M (20.0M EUR)
- Jobs: 30
- Status: announced
- Products: high-end textile fabrics, finishing services, shirt fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Chargeurs PCC Fashion Technologies](https://endata.com/companies/41823.md) (acquirer)
- [Cilander](https://endata.com/companies/41824.md) (target)
- [Alumo AG](https://endata.com/companies/77743.md) (target)

## Sources

- [newsnreleases.com](https://newsnreleases.com/2024/05/30/chargeurs-pcc-fashion-technologies-to-acquire-business-units-of-swiss-company-cilander/), 2024-05-30: "Chargeurs PCC Fashion Technologies has signed a binding agreement to acquire two strategic business units of the Swiss company Cilander."
- [lesechos-comfi.lesechos.fr](https://lesechos-comfi.lesechos.fr/press-release/chargeurs-epa-cri-chargeurs-project-of-acquisition-of-cilander-hCJACdoKWcA), 2024-05-30: "PCC Fashion Technologies (CFT PCC) has signed a binding offer to acquire certain strategic business activities of the Swiss company Cilander."
- [nau.ch](https://www.nau.ch/ort/langnau-im-emmental/verkauf-rettet-arbeitsplatze-von-herisauer-textilveredler-66771153), 2024-05-30: "Von den ursprünglich verlorenen Arbeitsplätzen sollten wir unter dem Strich rund 50 retten können."
- [apparelresources.com](https://apparelresources.com/business-news/manufacturing/chargeurs-inks-deal-acquire-cilander-businesses/), 2024-06-04: "The project of acquiring the strategic assets and notably the most iconic brands of the Swiss company Cilander will mark a pivotal moment for our business line."
- [textination.de](https://textination.de/en/news/archive?%3B%3Bstr=nonwovens&%3Bk=&%3Bnewstype=205&amp%3Bpage=%2C0&newstype=11773&page=%2C12), 2024-06-06: "Chargeurs PCC Fashion Technologies has signed a binding agreement to acquire two strategic business units of the Swiss company Cilander."

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