Home / Knowledge / News / Textiles / Acordis' Diolen operations COBAFI sells to Sabanci Holding

Acordis' Diolen operations COBAFI sells to Sabanci Holding

Jun '05
Netherlands based polyester & yarn manufacturer Acordis' Diolen polyester industrial yarn and tire cord fabric operations COBAFI (Companhia Bahiana de Fibras) based in Cama ç ari, Brazil have been sold to Haci Omer Sabanci Holding, A.S.

The transaction follows from Diolen Industrial Fibers' strategy, which emphasizes serving local customers from a local supply source. The acquisition by Sabanci, which already has successful operations in South America, enables COBAFI to further strengthen its position as leading supplier of polyester yarns for tire reinforcement and technical applications in South America.

“As a leading European manufacturer, Diolen Industrial Fibers concentrates on industrial production in Europe. As a “local” supplier we focus on increasing competitiveness, setting and protecting high quality and service standards, and on providing the best price/performance ratio to our customers in our “local” European market place,” said Jan Michiels, CEO of Diolen Industrial Fibers.

Diolen Industrial Fibers is a multi-national company which is producing high-tenacity polyester yarns for a wide variety of technical applications and tire reinforcement, marketed under the brand name Diolen.


Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Alon Moshe,

Alon Moshe

Israel-based Twine Solutions is a technology start-up that has developed a ...

Laksheeta Govil,

Laksheeta Govil

Founded in 2014, Fizzy Goblet is a Delhi / NCR based handcrafted leather...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

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

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Kevin Nelson, TissueGen

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2019

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

Follow us on instagram


Follow Fibre2Fashion On

Follow Fibre2Fashion On

Advanced Search