# Vescom acquires Raymakers velvet production activities

Vescom Groep B.V. has acquired the activities of Koninklijke Nederlandse Textielfabrieken J.A. Raymakers & Co. B.V., a velvet producer that filed for bankruptcy in October 2024. Velvet production will continue at Gemert and Helmond under the new company Vescom Velvets B.V.

- Type: Acquisition
- Announced: 2024-12-23
- Where: Gemert and Helmond, Netherlands
- Status: completed
- Products: velvet fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Vescom Groep](https://endata.com/companies/81977.md) (acquirer)
- [Koninklijke Nederlandse Textielfabrieken J.A. Raymakers & Co.](https://endata.com/companies/81978.md) (target)

## Sources

- [vescom.com](https://vescom.com/en/inspiration/stories/vescom-groep-acquires-the-activities-of-raymakers), 2024-12-23: "Vescom Groep B.V. will continue Raymakers’ activities, providing a new future for the velvet producer, which is making a partial restart following its bankruptcy in October 2024."
- [interiordaily.com](https://www.interiordaily.com/article/9690830/vescom-secures-future-of-raymakers-velvet-production/), 2024-12-24: "Vescom Groep B.V. will continue Raymakers' activities, providing a new future for the velvet producer, which is making a partial restart following its bankruptcy in October 2024."

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