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Reifenhäuser acquires spinneret manufacturer Enka Tecnica

18 Apr '15

2 min read

Reifenhäuser Group said it has acquired German spinneret manufacturer Enka Tecnica and will operate it as an independent business unit within the Reifenhäuser Group.

“With this acquisition, Reifenhäuser is expanding the know-how across the value chain and taking the next strategic step for further growth,” Reifenhäuser said in a media statement.

For success in the market, Reifenhäuser consistently pursues technology leadership through in-house development and the acquisition of companies with know-how in market-relevant technologies.

Bernd Reifenhäuser, CEO of Reifenhäuser Group, says, "With Enka Tecnica, we can accelerate future development in the area of extrusion tools, and further establish our leading market position in nonwovens.”

“However, our goal is to achieve growth in all of Enka Tecnica's business areas and so all existing business relations will be unchanged, and all existing product segments will continue to be developed,” Reifenhäuser adds.

“We guarantee Enka Tecnica the independence that the company needs in order to continue to work with customers on custom development projects in strict confidentiality," he notes.

In addition to supplying spinnerets for nonwovens, which are of particular relevance for Reifenhäuser, Enka Tecnica also serves wet and dry spinning, melt spinning, and micro components segments.

Uwe Gaedike, Enka Tecnica's CEO too says, “Effective immediately, we are operating as part of a stable financially secure group that thinks and acts based on the long term and for us this is very positive.”

“There will be no changes in respect to existing business relations and partnerships, our customers will now be able to benefit from our expanded development capacities,” he also adds.

“When collaborating with us on development projects, our customers now have the option of also bringing in experts from the Reifenhäuser network,” he observes.

Enka Tecnica produces at two locations, Heinsberg in North Rhine-Westphalia and Gröbzig in Saxony-Anhalt.

In addition to Troisdorf, Worms und Lampertheim, Reifenhäuser will have these two additional production sites in Germany.

Bernd Reifenhäuser informs, "We are confident that the plastic extrusion market will continue to grow, and we are committed to the locations in Germany and will continue to invest here in the future.”

“This is where we develop and produce our core components, one of the main reasons for this is because we value the extensive network of expertise in Germany,” Reifenhäuser observes. (AR)

Fibre2fashion News Desk - India