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Editorial: Weaker Markets Spur Acquisitions in the European Technical Textile Industry
published in Issue 78, 3rd quarter 2009
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).
Technical Textile Markets provides intelligence, analysis and insight on the global man-made fibre, nonwoven and technical textile industries.
What's in it? Each issue contains data and expert analysis on key industry topics, including: automotive technical textiles; biopolymers; chemical protective textiles; circularity; composites; e-textiles; environmental sustainability; filter media; flame resistant fabrics; glass fibre; graphene; Industry 4.0; insulation; medical textiles; military textiles; nonwoven specialities; personal protective equipment (PPE); synthetic fibre; and wearable technology.
A single issue of Technical Textile Markets includes:
an editorial think-piece on a topical issue from an industry expert a report on the latest product developments and innovations a profile of the world's top producers of nonwovens a main feature on a new or established market a round-up of the latest business newsstatistical data and analysis of fibre and fabric production in a key geographical market
An annual subscription to Technical Textile Markets is a cost-effective way to keep informed about trends and developments in the global man-made fibre, nonwoven and technical textile industries. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication. Subscribers also receive a complementary digital subscription to Technical Textiles Business Update, delivered directly by email once a month. This free supplement contains essential information on business news and the latest product developments.
Like all Textiles Intelligence publications, Technical Textile Markets is a reliable source of independently sourced business information, and it does not carry advertising.
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