Home / Knowledge / News / Information Technology / Nanostart invests in HOLMENKOL
Nanostart invests in HOLMENKOL
21
Dec '07
Nanostart AG has taken a 50-percent stake in HOLMENKOL, a supplier of nanotechnology-based sports products.

The renowned German company, with worldwide headquarters in Heimerdingen near Stuttgart, has managed to build on its rich tradition as the oldest brand of ski wax to become a driver of nanotechnological innovation in the sporting goods industry.

HOLMENKOL is successfully pursuing an aggressive growth strategy, particularly through the production of sophisticated nanotech-based coatings which intelligently organize themselves into very thin films which function in entirely new ways.

For the Frankfurt-based nanotechnology investment company Nanostart AG, the investment in HOLMENKOL marks the addition to its existing portfolio of a technologically leading company with an extremely promising business outlook.

Its patented nanotechnologies enable HOLMENKOL to market highly innovative product applications for a wide range of sports, such as winter sports, aquatic sports, cycling and outdoor activities.

In addition to nanotechnologically optimized ski wax, these include glide sealants, waterproofing products, specialized detergents, polishes and other sports coatings.

Among the customers of HOLMENKOL are numerous world champions and Olympic medalists, national teams across all types of sports, and other ambitious athletes.

The arrangement with Saarbrücken-based nanotechnology company Nanogate AG, which will hold the other 50 percent of HOLMENKOL as its industrial technology partner, should drive the continued growth of the innovative sports supplier. The transaction is subject to approval by a government-supported capital provider.

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

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

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Marcel Alberts
Eurofibers

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

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

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

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:
April 2017

April 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



X