Freudenberg Performance Materials Acquires Heytex Core Business
Freudenberg Performance Materials Holding GmbH, the parent company of Mehler Texnologies, has completed the acquisition of Heytex Group’s core business following approvals from antitrust authorities in Germany, Austria and Poland. The acquisition includes Heytex’s three production sites in Germany and China, along with all headquarters-related functions, now integrated into a newly formed specialist division for coated technical textiles.
“This marks an exciting milestone as Heytex joins Freudenberg Performance Materials,” said Dr Andreas Raps, CEO of Freudenberg Performance Materials and Member of the Freudenberg Group Executive Council. “The strong brands of Mehler Texnologies and Heytex will now collaborate to deliver greater value to customers.”
The newly established Coated Technical Textiles Division will be led by Dr Henk R. Randau as Senior Vice President. Hans-Dieter Kohake, former CEO of Heytex Group, will also join the management team, contributing to Heytex’s extensive expertise.
The merger strengthens the combined technology platform, global market presence and R&D capabilities of Mehler Texnologies and Heytex. These synergies are expected to drive innovative solutions for their joint customer base.
Heytex’s global operations and emphasis on innovation, quality and customer focus make it a strong fit for Freudenberg Performance Materials. The production sites in Bramsche, Neugersdorf and Zhangjiagang are expected to play pivotal roles in the division’s future growth due to their strong investment potential and strategic importance.
