Related Keywords: business expansion in textiles, Frankfurt Stock Exchange, innovation in textiles, international textiles market, mergers in textile industry, technical textiles companies in Germany
Two Germany-based technical textiles companies, Olbo & Mehler Tex (OMT) and Synteen & Luckenhaus (SL), have joined forces to allow business expansion to new markets and markets segments.
Both companies are part of KAP group, listed on the Frankfurt Stock Exchange, and both are dedicated to the production of technical textiles, complementing each other. They will join activities and business operations under the leadership of a management team led by the Portuguese Alberto Tavares, leader of Olbo & Mehler Tex.
