Issue
78:
3rd quarter 2009
Product Overview
Buy this Report now
Buy this Issue now
Subscribe
Download brochure (PDF)
Download price list (PDF)
Price list download
| Please choose your preferred currency:
|
Request sample issue
View list of reports
in other issues
|
Multi Report Package |
We also offer a flexible subscription product,
the Multi Report Package,
which allows you to select your own choice of reports from our full range,
to suit your own budget.
Click here for full details.
|
|
 |
Editorial: Weaker Markets Spur Acquisitions in the European Technical Textile Industry |
7 pages,
published in Issue 78, 3rd quarter 2009
Report price:
Euro 275.00;
US$ 365.00
|
European technical textile manufacturers and their suppliers have been reporting lower sales and profits for 2009. The downturn spans a wide range of sectors, and most players are relieved that the losses are not as bad as they might have been.
One outcome of the weaker conditions has been a series of announcements of significant consolidations in the second half of 2009 as companies have looked to their longer-term futures.
Examples of such consolidations include the purchases of: - Gamma�s Coating & Composites business unit by Jagenberg;
- Tamfelt by Metso;
- Perfojet by Andritz; and
- Oerlikon Enka Tecnica by its management.
This trend was first observed in the European automotive fabrics industry as a result of the decline in car sales which began in early 2008. More recent consolidations within this sector include the purchases of: - Eybl International by the Prevent Group;
- Fezko by Michel Thierry Group; and
- Stankiewicz by International Automotive Components (IAC).
|
|
an editorial think-piece on a topical issue from an industry expert