# 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.

- Type: Acquisition
- Announced: 2024-11-20
- Where: Bramsche, Neugersdorf, Zhangjiagang, Germany
- Value: $109.0M (100.0M EUR)
- Jobs: 400
- Status: completed
- Products: coated technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Performance Materials](https://endata.com/companies/15549.md) (acquirer)
- [Bencis Capital Partners](https://endata.com/companies/30500.md) (partner)
- [Mehler Texnologies](https://endata.com/companies/47449.md) (partner)
- [Heytex](https://endata.com/companies/67664.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2024/11/fpm-buys-core-heytex-group-business/), 2024-11-20: "The acquisition of major parts belonging to the Heytex Group complements our business in coated technical textiles ideally."
- [freudenberg-pm.com](https://www.freudenberg-pm.com/en/news-insights/press/2024-12-11_heytex-group-core-business-now-part-of-freudenberg), 2024-12-10: "We are delighted that Heytex has become part of Freudenberg Performance Materials."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/freudenberg-acquires-heytex-groups-core-business/), 2024-12-11: "We are delighted that Heytex has become part of Freudenberg Performance Materials."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2024/12/heytex-group-core-business-now-part-of-freudenberg/), 2024-12-11: "We are delighted that Heytex has become part of Freudenberg Performance Materials."
- [worldoftechnicaltextile.com](https://worldoftechnicaltextile.com/heytex-group-core-business-now-part-of-freudenberg-performance-materials/), 2024-12-12: "The antitrust authorities in Germany, Austria and Poland have approved the acquisition of Heytex core business by Freudenberg Performance Materials Holding GmbH, the parent company of Mehler Texnologies."
- [textileinsights.in](https://textileinsights.in/freudenberg-performance-materials-acquires-heytex-core-business/), 2024-12-16: "This marks an exciting milestone as Heytex joins Freudenberg Performance Materials."
- [nonwovensnews.com](https://www.nonwovensnews.com/2024/12/17/approval-for-freudenberg-acquisition-of-heytex/), 2024-12-17: "We are delighted that Heytex has become part of Freudenberg Performance Materials."

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