Home / Knowledge / News / Textiles / Swiss firm Capvis buys German hessnatur
Swiss firm Capvis buys German hessnatur
04
Jun '12
Capvis, the leading private equity firm in Switzerland, has acquired hessnatur based in Butzbach, near Frankfurt am Main, Germany from its previous owner Primondo Specialty Group GmbH. The parties involved have agreed not to disclose the purchase price. The acquisition is subject to approval by antitrust authorities.

Founded in 1976, hessnatur is a pioneer in natural clothing and focuses on designing and distributing organic and sustainable apparel and home textiles. The company is the market leader in natural clothing throughout German-speaking Europe and is recognized internationally for its commitment to the highest social standards and fair trade.

Today, hessnatur has more than 330 employees and distributes its products through catalogues, three retail stores and an online shop. Apart from Germany, Austria and Switzerland, hessnatur's products are also available in the USA. With a customer base of one million, the company achieved a turnover of EUR 73 million in the 2011 financial year.

Daniel Flaig, a partner at Capvis Equity Partners AG, comments: “As a market leader in its segment, hessnatur fits perfectly into the Capvis portfolio. We are delighted and proud to partner with hessnatur as we are convinced by the growing demand for responsible consumption, particularly in eco fashion and home textiles. We have the utmost respect for the vision created and lived by hessnatur's founder, Heinz Hess. We look forward to working with the company's employees and management in Butzbach and growing the business whilst preserving its very specific identity and values. This will give hessnatur the necessary continuity and stability to take the next step in its successful corporate history.”

Capvis

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search