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Bekaert acquires mattress fabric maker Desleeclama
02
Feb '16
Bekaert Textiles said it has acquired Desleeclama to become the world's leading mattress fabric supplier as both companies have an ambitious growth strategy and are very compatible and complementary.

“Combining their strengths will create a customer-centered company with a unique global footprint, higher speed of delivery and a comprehensive product portfolio,” a Bekaert press release informed.

According to Bekaert, besides a great strategic and economic opportunity, the deal is a cultural fit between two companies having the same background, similar values and a rich tradition.

“Both have successfully expanded their business with sales in more than 100 countries and manufacturing in 19 different locations on all continents, which makes the combination very attractive,” it added.

“Both organisations will merge as equals to strengthen their position as a relevant business partner in an increasingly professional and demanding market,” the company informed.

“This transaction is the realisation of a longstanding ambition as we quickly found common ground,” Dirk Vandeplancke, CEO of Bekaert Textiles said.

“BekaertDeslee Textiles is the right industrial project that will deliver accelerated growth for the combined organisation,” Jos Deslee, co-CEO of DesleeClama too said.

Co-CEO Hans Dewaele added, “We each have our distinct design signature when it comes to product development and innovation and we are very serious about continuing to offer the same value.” (AR)

Fibre2Fashion News Desk – India

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