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- Title
Reliance takes over Trevira.
- Abstract
This article reports on the acquisition of polyester fiber producer Trevira GmbH from the investment group of Deutsche Bank by polyester producer Reliance Industries Ltd. in 2004. Most recently, Trevira belonged to 90 percent to Deutsche Bank which had taken over the share in 2000 from an Indonesian investor, the remaining 10 percent belonged to the management. With the takeover of Trevira, Reliance aims to ease its entry onto the European market and use business chances in Eastern Europe more effectively.
- Subjects
EASTERN Europe; MERGERS &; acquisitions; RELIANCE Industries Ltd.; TREVIRA GmbH; DEUTSCHE Bank AG; MARKET entry; POLYESTER fibers industry
- Publication
Technical Textiles / Technische Textilen, 2004, Vol 47, Issue 3, p116
- ISSN
0323-3243
- Publication type
Article