>>
Home / Knowledge / News / Textiles / Court sells off assets of loss making Trevira GmbH

Court sells off assets of loss making Trevira GmbH

01
Oct '09
A German Court has sold off the assets of Trevira GmbH, the loss making subsidiary of the India based Reliance Industries Ltd. Trevira is a leading producer of high-end specialised polyester yarn and fibre.

The company has been bought by two German investors who were previously employees of Trevira, prior to Reliance taking over control in 2004. The amount so received will be paid off to debtors, with balance of the funds going to Reliance Industries.

In August, Trevira had filed an application for insolvency with the Augsburg Court in the German State of Bavaria, after its business ran into trouble due to the industrial slowdown in Europe, particularly in the automotive and textile sectors.

All production sites including those in Poland together with the sales office will be transferred to the new owners in November. Also included in the transfer will be all registered designs and patents of the Trevira Group.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Mohammad Ali Khokon,

Mohammad Ali Khokon

<div>The Bangladesh Textile Mills Association (BTMA) is the national trade ...

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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

Leave your Comments

ESTEEMED CLIENTS

Maceton Limited
Esprit Europe Services GmbH
Benetton Group
Puma
Gap International Sourcing Limited
The LYCRA Company Singapore  Pte. Ltd
Lisa S.P.A.
T.T. Limited
C;&A Sourcing International Ltd
Etam Group Strategy Hong Kong Limited
MAS Active / MAS Kreeda / MAS Bodyline
Decathlon
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Groz-Beckert East Asia LLP
OVS Hong Kong Sourcing Ltd.
Lifestyle
Sainsbury's Argos Asia Limited
Aramark Uniform ;& Career Apparel, LLC
Bluestem Global Sourcing Limited
The Top Form Brassiere Manufacturing Company Limited
Green Fibre
Walmart
Desigual - ABASIC, S.A.
Truetzschler India Private Limited
KIABI
Landmark Group
Varner AS Retail
Gatsby Africa
Under Armour Global Sourcing Ltd
Tory Burch Hong Kong Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
Gokaldas Exports Limited
Phong Phu international JSC (PPJ)
LC Waikiki
Eastman Chemical Company
Helly Hansen Far East Ltd
Vardhman Textile Ltd
Tommy Hilfiger
TESCO INTERNATIONAL SOURCING LIMITED
Restoque S.A.
Splash
Sateri (Jiujiang) Fiber Co.,Ltd
Vianney Textil Hogar S.A. De C.V.
Hela Clothing Pvt Ltd
Guess Europe Sagl,
Rosset ;& Cia Limited
Babyshop
Asos
BIANCA
Page Industries Limited (Bangalore)
Chico’ FAS
Boardriders Asia Sourcing Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Abit
BIMBA ;& LOLA SL
Grasim Industries Limited
Brandix Lanka Limited
Amazon China
Sportmaster Ltd.
Arvind Limited
Calvin Klein
SHAHI Exports Pvt Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
IDH – The Sustainable Trade Initiative
Lenzing Aktiengesellschaft
KAS Direct Sourcing
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Tchibo GmbH
Hirdaramani International Export Private Limited
Lululemon Athletica Inc
Aquarelle Clothing Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Chori Company Limited
Reiter India Private Limited
Seasalt Limited
IKEA of Sweden AB
Gloria Jeans
Alix Partners
Midas Clothing Limited
Target Corporation (MN)
Lacoste (Wanchai)
International Textile Manufacturers Federation
Huntsman (Singapore) Pte Ltd
Rayonese Textile Inc., Division de Culp Inc.
PVH Corporation
Cat Tuong Real Estate Group Joint Stock Company
Alison Hayes Romania
Sportswear Company Spa
John Varvatos
SYNERGIES HONG KONG LIMITED

January 2022

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


Advanced Search