Related Keywords: Chemnitz, filament, Manmade Fibers Segment, nonwovens, Oerlikon, polyamides, polyester, polyethylene, polypropylene, staple fiber, Starlinger, textile packaging
The final closing is planned for the end of the third quarter of this year. The Austrian Starlinger Group based in Vienna will take over the German business unit from Chemnitz also known under the brand name ‘Barmag Spinnzwirn’. Both parties have agreed to not disclose the purchase price. The purchase contract was signed accordingly by both companies this week.