Home / Knowledge / News / Textiles / International Fibres Group acquires Exelto from Balta
International Fibres Group acquires Exelto from Balta
07
Sep '13
International Fibres Group (IFG), a major international manufacturer of staple fibres and filament yarns, has completed the acquisition of Exelto from Balta, the European market leader for broadloom carpet and rugs.

This deal will allow Balta to further focus on the soft flooring activities.

The acquisition of Exelto is part of IFG ´s long term strategy of further profitable growth, and IFG plans to use its position as the technical leader in polypropylene fibre production to build on Exelto’s highly efficient world class fibre production lines.

About Balta Group :

Within just one generation, the Balta Group has grown from a small company into one of the world-leaders in floor coverings. The products from Balta include woven area rugs (Balta Rugs), wall-to-wall carpets (Balta Broadloom, Domo Floorcoverings and ITC), needlefelt and residential carpet tiles (Domo Floorcoverings), carpet tiles (modulyss) and technical non wovens (Captiqs).

Balta Group

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 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