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Oerlikon sees the oppurtunity and merges with Truetzschler Man-Made Fibers Division

The ongoing changes within the chemical fibers market has brought out significant opportunities for the companies linked to this optimistic market,  and Oerlikon has  taken the big step by signing an agreement to acquire the entire staple fibers technology portfolio of Truetzschler Nonwovens & Man-Made Fibers GmbH, Egelsbach, Germany.  This step ensures  that the Manmade Fibers Segment will merge stronger from the current market weakness and profit from the positive long-term market perspectives.  Georg Stausberg, CEO of Oerlikon’s Manmade Fibers Segment also mentioned that the former Fleissner staple fibers technology portfolio of Truetzschler Nonwovens & Man-Made Fibers GmbH is an ideal fit for our business.  It enhances our existing technology offering and broadens their service business in the time to come. Furthermore, it opens up attractive business opportunities with key customers in that field. Combining the staple fibers process solutions and key components of both companies will enable them to increase customer value through developing further innovations. In addition, they will also be able to offer the entire range of customer services for all installed machines and plants of Oerlikon.

Oerlikon is strengthening its technology and market position in its core business areas by taking advantage of the ongoing consolidation in the chemical fibers market, which was triggered by the market downturn in China. With the acquisition of the former Fleissner staple fibers technology portfolio and the intellectual property (IP) of Truetzschler Nonwovens & Man-Made Fibers GmbH, the segment becomes the leading technology and equipment provider in the global staple fibers market. The acquisition expands the Manmade Fibers Segment’s staple fibers technology expertise and broadens the segment’s customer base and service business in the respective areas. Both parties have agreed not to disclose details of the transaction.

 

 

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