# 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.

- Type: Acquisition
- Announced: 2024-09-24
- Where: Bramsche, Germany, Germany
- Value: $111.0M (100.0M EUR)
- Jobs: 400
- Status: announced
- Products: coated technical textiles, truck tarpaulins, tent covers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Performance Materials](https://endata.com/companies/15549.md)
- [Freudenberg Performance Materials](https://endata.com/companies/15549.md) (acquirer)
- [Freudenberg Group](https://endata.com/companies/15958.md) (acquirer)
- [Bencis Capital Partners](https://endata.com/companies/30500.md) (investor)
- [Bencis Capital Partners](https://endata.com/companies/30500.md) (partner)
- [Bencis](https://endata.com/companies/37808.md) (investor)
- [Heytex](https://endata.com/companies/67664.md) (target)

## Sources

- [freudenberg.com](https://www.freudenberg.com/en/company/press-media/news-detail/2024-09-24-freudenberg-performance-materials-acquires-major-parts-of-the-heytex-group), 2024-09-24: "The acquisition of major parts belonging to the Heytex Group complements our business in technical coated textiles ideally."
- [freudenberg-pm.com](https://www.freudenberg-pm.com/en/news-insights/press/2024-09-24_fpm-acquires-major-parts-of-the-heytex-group), 2024-09-24: "Freudenberg Performance Materials is expanding its business in coated technical textiles (Mehler Texnologies). The technical textiles specialist is acquiring major parts of the Heytex Group from the private equity investor Bencis Capital Partners."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/freudenberg-expands-coated-textiles-business/), 2024-09-24: "The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles ideally: we are expanding our technology platform, our market exposure and R&D capabilities."
- [innovationintextiles.com](https://innovationintextiles.com/heytex-businesses-acquired-by-freudenberg/), 2024-09-25: "The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2024/09/freudenberg-performance-materials-acquires-major-parts-of-the-heytex-group/), 2024-09-25: "The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles ideally."
- [bencis.com](https://bencis.com/nl/bencis-partially-exits-heytex-group-with-sale-to-freudenberg-performance-materials/), 2024-09-26: "Bencis is pleased to announce that it signed a contract to partially exit Heytex Group to Freudenberg Performance Materials."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/weekly-recap-freudenberg-expands-coated-textiles-business-trade-associations-to-explore-alliance/), 2024-09-29: "Freudenberg Performance Materials is expanding its coated technical textiles business, Mehler Texnologies, through the acquisition of major parts of the Heytex Group from the private equity investor Bencis Capital Partners."
- [nonwovensnews.com](https://www.nonwovensnews.com/2024/10/02/freudenberg-acquires-heytex-businesses/), 2024-10-02: "The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles."
- [rubberworld.com](https://rubberworld.com/freudenberg-performance-materials-acquires-major-parts-of-the-heytex-group/), 2024-10-28: "Freudenberg Performance Materials is expanding its business in coated technical textiles (Mehler Texnologies)."

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