# VR Equitypartner acquires minority stake in HERO Textil AG

Frankfurt-based investment firm VR Equitypartner has acquired a significant minority stake in HERO Textil AG, a German developer and manufacturer of elastic textile inserts for workwear and industrial applications.

- Type: Acquisition
- Announced: 2024-07-12
- Where: Crailsheim, Germany
- Status: announced
- Products: elastic textile inserts, polyester knitwear, workwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [VR Equitypartner](https://endata.com/companies/10155.md) (acquirer)
- [HERO Textil AG](https://endata.com/companies/78577.md) (target)

## Sources

- [ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/ueberblick/eqs-news-neue-wachstumsperspektiven-vr-equitypartner-beteiligt-sich-an-hero-textil-ag-deutsch/65438082), 2024-07-12: "Die Frankfurter Beteiligungsgesellschaft VR Equitypartner ("VREP") übernimmt eine signifikante Minderheitsbeteiligung an der HERO Textil AG ("Hero Textil"), einem anerkannten Nischenplayer in der Entwicklung und Herstellung von elastischen Textil-Einsätzen."

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