Tenowo acquires Italian nonwovens producer Resintex Industriale
HOF, GERMANY, October 12, 2018-
With effect from October 1, 2018, Tenowo GmbH acquired all of the shares of Resintex Industriale S.r.l. based in Milan. Specializing in the manufacturing and distribution of nonwovens for clothing and medical applications, the Italian company generates annual sales of around EUR 3.5 million. The parties have agreed not to disclose the purchase price.
The integration of Resintex, which up to now has been a family-run enterprise with a current staff of 30 employees, into the Tenowo group creates the framework for optimally combining the technical and development expertise of both companies and enables the expansion and marketing of Resintex’s existing product portfolio.
Not a subscriber?