Freudenberg Performance Materials acquires major parts of Heytex Group
Freudenberg Performance Materials is acquiring major parts of the Heytex Group from private equity investor Bencis Capital Partners. The acquisition covers Heytex's core business with three production locations in Germany and China, and all headquarters functions. Heytex generated sales of roughly €100 million in 2023 with about 400 employees.
Value
$111.0M (100.0M EUR)
Productscoated technical textilestruck tarpaulinstent covers
“The acquisition of major parts belonging to the Heytex Group complements our business in technical coated textiles ideally.”freudenberg.com
- 9 sources
- freudenberg.comFreudenberg Performance Materials acquires major parts of the Heytex GroupSep 24, 2024
- freudenberg-pm.comFreudenberg Performance Materials acquires major parts of the Heytex GroupSep 24, 2024
- nonwovens-industry.comFreudenberg Expands Coated Textiles Business - Nonwovens IndustryBy: Karen McIntyre EditorSep 24, 2024
- innovationintextiles.comHeytex businesses acquired by FreudenbergInnovation in TextilesSep 25, 2024
- textileworld.comFreudenberg Performance Materials Acquires Major Parts Of The Heytex Group | Textile World
Summarized from public sources; check the original articles before acting on it.