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Freudenberg Performance Materials Holding acquires Heytex to form new specialist for coated technical textiles division

Dec 13, 2024

Acquiring Company

Freudenberg Performance Materials

Acquired Company

Heytex

WeinheimManufacturingFashionManufacturing

Description

The antitrust authorities in Germany, Austria, and Poland have approved the acquisition of Heytex's core business by Freudenberg Performance Materials Holding. The merger combines Heytex and Mehler Texnologies into a new coated technical textiles division, expanding technology, market presence, and R&D to provide innovative solutions for their joint customers.

Quick answer

Freudenberg Performance Materials is acquiring Heytex, announced December 13, 2024. Freudenberg Performance Materials is based in Weinheim, Baden-Württemberg, Germany.

How much did Freudenberg Performance Materials pay for Heytex?
The deal value was not disclosed.
What does Freudenberg Performance Materials do?
Freudenberg Performance Materials Holding is the parent company of Mehler Texnologies and a specialist in coated technical textiles.
Where are Freudenberg Performance Materials and Heytex based?
Freudenberg Performance Materials is based in Weinheim, Baden-Württemberg, Germany.
Who are the decision-makers at Freudenberg Performance Materials?
Fundz holds 3 contacts at Freudenberg Performance Materials. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Freudenberg Performance Materials

Location

Weinheim, Baden-Württemberg, Germany

About

Freudenberg Performance Materials Holding is the parent company of Mehler Texnologies and a specialist in coated technical textiles. The company focuses on innovation, customer orientation, and outstanding quality to deliver advanced solutions to its global customers.

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Frequently asked

Who acquired Heytex?

Heytex was acquired by Freudenberg Performance Materials, based in Weinheim. The deal was reported on December 13, 2024. Freudenberg Performance Materials Holding is the parent company of Mehler Texnologies and a specialist in coated technical textiles. Freudenberg Performance Materials is privately held and operates in Manufacturing.

When did Freudenberg Performance Materials acquire Heytex?

Freudenberg Performance Materials's acquisition of Heytex was reported on December 13, 2024. The antitrust authorities in Germany, Austria, and Poland have approved the acquisition of Heytex's core business by Freudenberg Performance Materials Holding. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Heytex do?

Heytex is a global company with three production locations in Germany and China, specializing in coated technical textiles. The company operates worldwide and is known for its innovation, customer orientation, outstanding quality, and good investment status. It is privately held, operating in Manufacturing.

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