Freudenberg Performance Materials acquires core Heytex Group business
Freudenberg Performance Materials acquired the core business of the Heytex Group, including three production locations and headquarters-related functions, from private equity investor Bencis Capital Partners. The acquired assets employ 400 associates and generated approximately €100 million in 2023.
Value
$109.0M (100.0M EUR)
Productscoated technical textiles
“The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles ideally.”textileworld.com
- 7 sources
- textileworld.comFPM Buys Core Heytex Group Business | Textile WorldJim BornemanNov 20, 2024
- freudenberg-pm.comHeytex Group core business now part of FreudenbergDec 10, 2024
- nonwovens-industry.comFreudenberg Acquires Heytex Group's Core Business - Nonwovens IndustrySaveDec 11, 2024
- textileworld.comHeytex Group Core Business Now Part Of Freudenberg | Textile WorldJim BornemanDec 11, 2024
- worldoftechnicaltextile.comHeytex Group core business now part of Freudenberg Performance Materials - Techtextiles & Nonwovens
Summarized from public sources; check the original articles before acting on it.