Announced
Completed
Financials
Sources
Tags
Household Furnishings
Majority
Private
Private Equity
Completed
Acquisition
Single Bidder
Germany
Cross Border
Friendly
textiles
Synopsis
Bencis, an investment company, completed the acquisition of Heytex Group, a functional technical textiles manufacturer, from Deutsche Beteiligungs, a private equity company. Financial terms were not disclosed. Heytex Group is a global leading manufacturer of engineered technical textiles offering customers a differentiated combination of materials, application expertise, coating technology and global manufacturing capabilities. The Company employs a range of coating technologies, including knife coating and calendaring, as well as a variety of lamination techniques to produce its products.
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