Calomatech

OTEGO Group has acquired French company CALOMATECH, combining OTEGO's coated textile expertise with Calomatech's thermal insulation blanket engineering to serve sectors from food processing to petrochemicals.

Otego, a French technical textiles specialist, acquired Calomatech, a Normandy-based industrial insulation solutions company with €2.5 million in revenue. The deal value was not disclosed.

OTEGO, a global leader in technical textiles, has acquired a majority stake in Calomatech, a specialist in industrial thermal insulation. The acquisition aims to strengthen OTEGO's offering in energy efficiency and decarbonization for industrial clients.