The Monosuisse Group with its headquarter in Switzerland has acquired 100% of the filament division of Bedea GmbH, Germany. The parties have agreed not to disclose details of the transaction, which was closed on April 16, 2020. Monosuisse is the global leader in the production of fine monofilaments as well as specialty yarns made of a vast variety of polymers. In the field of coarse monofilaments and PMC yarns, Monosuisse is among the top suppliers. Thanks to the high precision, the mechanical and chemical properties as well as the reliable quality stability, the yarns are used in filtration, screen printing, the automotive industry, in aviation, medical, paper production, tape industry and many more. The Monosuisse Group employs over 500 people in its plants in Switzerland, Poland, Romania and Mexico. The filament division of Bedea GmbH, based in Asslar Germany, is one of the leading suppliers of monofilaments for the paper industry. With more than 60 employees, they serve all well-known PMC belt manufacturers in Europe, the USA and Asia.
In November 2019, Bedea GmbH announced the intention to sell all of its four divisions. With the acquisition by Monosuisse, the filament division of Bedea can continue its successful growth as part of a globally operating group. For Monosuisse the integration of the filament division of Bedea GmbH complements the offering in the PMC market. Together they become a powerful full-range supplier, expanding their already strong position in this market. Monosuisse will manage the activities of the Bedea Filaments Division under the new name of Monosuisse GmbH, Germany.
The Monosuisse Group is part of the Sefar Group based in Switzerland. With more than 2800 employees, Sefar generated sales of EUR 320 million in 2019. The company is privately held, looks at 190 years of successful industrial activities and has a long-term focus on all its activities. With the integration of the Bedea filaments division, customers will be supplied by a global company that is not afraid to make long-term investments even in times of crisis.