The antitrust authorities in Germany, Austria and Poland have approved the takeover of the Heytex Group’s core business by Freudenberg Performance Materials, the parent company of Mehler Texnologies. This means that Heytex’s core business with three production sites (in Germany and China) and all central functions will in future be part of the newly formed specialist for coated technical textiles.
‘We are delighted that Heytex is now part of Freudenberg Performance Materials. We are now setting the course for the two strong brands Mehler Texnologies and Heytex to grow together in the interests of our customers,’ says Dr Andreas Raps, CEO Freudenberg Performance Materials and member of the Freudenberg Group’s Executive Council. He adds: ‘Mehler Texnologies and Heytex will together form the newly formed Coated Technical Textiles Division within Freudenberg Performance Materials. Hans-Dieter Kohake, previously Managing Director of the Heytex Group, will contribute Heytex’s expertise to the management team. Dr Henk R. Randau will be responsible for the business as Senior Vice President.’
With the merger, Mehler Texnologies and Heytex are expanding their technology platform, global market presence and research and development capabilities. This should lead to a leverage effect in the development of innovative solutions for the joint customers.
Heytex is active worldwide and complements Freudenberg Performance Materials, whose innovations, customer orientation and quality are among the cornerstones of its success. The Bramsche, Neugersdorf and Zhangjiagang sites will play a key role in the future direction of Freudenberg Performance Materials’ technical textiles business due to their good investment status and the expected synergies.
Freudenberg Performance Materials
Freudenberg Performance Materials is a leading global manufacturer of technical fabrics and textiles. Its textile solutions are used in industry and in a wide range of companies and technical markets. In addition to technical textiles and woven fabrics, the core competence includes nonwovens for various sectors such as the automotive industry, the construction industry, the clothing sector, for use in energy, hygiene, interior design, medical, as well as for shoes, leather goods and other specialised areas of application.
