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- Title
Xentrys takes over Propilan.
- Abstract
The article outlines the agreement between Xentrys BV and Propillan SA, a staple fiber producer, in Barcelona, Spain. It reveals that Xentrys reached an agreement with Propillan to acquire the staple fiber business of Propillan. The move will substantially expand the product portfolio of the Xentrys Group, thus taking the consolidated group turnover to €180 million annual sales in specialist fibers and yarns. Xentrys Barcelona SA, a new company from Xentrys, which is currently under development, will take over all assets from Propillan.
- Subjects
BARCELONA (Spain); SPAIN; MERGERS &; acquisitions; XENTRYS BV; PROPILLAN SA; CORPORATE growth; BUSINESS planning; TEXTILE industry; XENTRYS Barcelona SA
- Publication
Melliand International, 2008, Vol 14, Issue 2, p68
- ISSN
0947-9163
- Publication type
Article