Home / Knowledge / News / Textiles / Radici acquires German PA6 staple products producer
Radici acquires German PA6 staple products producer
07
Mar '11
RadiciGroup acquires the German firm dorix GmbH, a European leader in the production of PA6 staple products. RadiciGroup, an Italian multinational engaged in chemicals, plastics and synthetic fibres, announced the acquisition of the German company dorix GmbH, formerly Selbitzer Chemiefaser GmbH (founded in 1896 under the name of Heinrich Reinhold GmbH & CO KG).

Located in Selbitz – Hochfranken, Bavaria, dorix GmbH is a European leader in the production of PA6 (dorix) and PP (reilen) staple products and has annual sales of about EUR 10 million. This transaction will enable RadiciGroup — which is already engaged in the production of raw and solution-dyed PA6 staple products sold under the Radilon staple fibre brand name — to expand its product range and strengthen its market position.

“With this acquisition we wanted to broaden our product offering in the textile floor covering market and others”, said Oscar Novali, managing director of the Fashion&Interiors Business Unit (encompassing Radici Yarn SpA). “Our Italian site in Villa d'Ogna and the German facility complement one another. Most importantly we will have a greater variety of counts.

In addition to the fine counts we already manufacture at Radici Yarn, now we will be able to provide high counts up to 300 dtex. We will also have greater flexibility, which is a key asset for the production of both the raw and solution- dyed versions of our products. Moreover, dorix GmbH's extensive experience in custom colour formulation will allow us to meet any special requirements of our customers. Another important asset that this company brings to our Group is the brand name dorix, which stands for quality and tradition. The historical aura and popularity of this brand — which we intend to preserve and make even more well-known — is truly a strong point.”

"In the contract floor covering sector, particularly needle-felt carpet and tiles, dorix products are mostly targeted at the Northern European market for applications that demand high-performance in wear resistance and colour fastness,” Mr. Novali continued. “dorix guarantees these features and, for this reason, has become the market standard. Additionally dorix GmbH produces a limited quantity of ultra high-quality PA6 synthetic doll hair for high-end and collector dolls.”

“The dorix GmbH acquisition was an important transaction in our continued effort to strengthen our Group's polyamide vertical integration, as well as to boost our presence in the floor covering sector”, said Maurizio Radici, RadiciGroup Board Vice Chairman and COO.

“With this objective in mind, last year we decided to invest about EUR 10 million in order to expand the production capabilities of our Radici Fil SpA plant in Italy, specializing in the manufacture of Radifloor PA 6 and PA66 BCF yarn. The latter items complement the staple products made by Radici Yarn and dorix GmbH, in that they are ideal solutions not only for the contract sector but also for the residential and automotive markets.”


Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search