M&A Deal Summary |
|
|---|---|
| Date | 2020-03-02 |
| Target | TUCHFABRIK WILLY SCHMITZ GMBH & CO. KG - Business |
| Sector | Apparel/Textiles |
| Buyer(s) | Tesca Group |
| Sellers(s) | TUCHFABRIK WILLY SCHMITZ GMBH & CO. KG |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1836 |
| Sector | Automotive |
| Employees | 3,500 |
| Revenue | 250M EUR (2019) |
Tesca Group is a provider of automotive fabrics, high added value seat covers, and seat components. Tesca Group was established in 1836 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Apparel/Textiles M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1897 |
| Sector | Apparel/Textiles |
| Employees | 150 |
| Revenue | 35M EUR (2019) |
TUCHFABRIK WILLY SCHMITZ GMBH & CO. KG is a textile company that supplies to German manufacturers like VW, Mercedes, BMW, Audi or Volvo and is present at emblematic manufacturers like Porsche and Aston Martin. TUCHFABRIK WILLY SCHMITZ GMBH & CO. KG was established in 1897 and is based in Mönchengladbach, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Apparel/Textiles M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
