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Filidea announces the acquisition of Hoftex CoreTech GMBH from the Hoftex group

Related Keywords: automotive, CoreTech, fibers, Filidea, furniture, GmbH, Hoftex, Italy, natural, Neutex, sewing, synthetic, technical yarns

The italian Company Filidea s.r.l., specialized in technical and performing products made out of natural, synthetic and artificial fibers, announces the acquisition of Hoftex CoreTech GmbH from the German group Hoftex.

The agreement was signed on May 18th, the closing time for this acquisition is fixed on September 1st. Through this acquisition, Filidea confirms its international dimension, consolidates its leadership within the sector of technical yarns and expands its presence in the European territory.

Filidea has invested on its production capacity of corespun yarns with XLANCE technology

Related Keywords: Abalıoğlu, Filidea, innovation, Marchi, mill, spinning

The spinning mill Filidea, joint venture between Marchi & Fildi spa and Abalıoğlu Holding A.Ş specialize in technical and high performance yarns with natural and synthtic fibers, is increasing its production of blends with XLANCE®.

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