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Directa acquires stake in textile membranes maker Osmotek
16
Nov '16
Directa Plus S.p.A has acquired a 60 per cent stake in Osmotek Srl, supplier of textile membranes for €60,000. Set up in 2015, Osmotek's focus in the textile membrane market is on sportswear, workwear, fashion and military applications and has built a base of clients and agents. The €60,000 invested by Directa Plus will be used as working capital.

Osmotek has been renamed Directa Textile Solutions Srl following the acquisition.

Osmotek was founded by Novaresin and its products include a new range of graphene-enhanced membranes for textile applications, which have been developed in conjunction with Directa Plus.

The incorporation of the graphene-based products enhances the textile membrane providing additional properties to the end fabric, such as electrical and thermal conductivity, bacteriostatic characteristics and abrasion resistance. (AR)

Fibre2Fashion News Desk – India

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