With the acquisition of Monotex and Sider Arc F&M, the Swiss based Monosuisse Group strengthens its global position in monofilament yarns for technical applications.
Monosuisse is the leading manufacturer of various mono- and multifilament yarns for industrial use with production sites in Switzerland and Poland. The outstanding products are tailored for the production of screen printing and filtration fabrics, for paper machine clothing, conveyor belts, braided hoses, and for many other technical applications.
Monotex S.r.l. located in Romania is a leading manufacturer of coarse monofilaments for filtration, spacer fabric, medical applications, chafer fabrics and architecture. Monotex will become part of the Monosuisse Group with its head office in Emmenbrücke (CH). At the same time the remaining shares of Sider Arc F&M in Italy will be acquired by Monosuisse. Both companies will be renamed as “Monosuisse”. With the integration of these two companies the Monosuisse Group strengthens its leading market position in monofilament yarns.
Monosuisse will continue to use Monotex’s existing strong commercial brands such as CRINLENE, BIOLENE and E-SPACE. The broader organization and production base of the Group will provide an even better platform for quality and service.
With the addition of these two companies, the Monosuisse Group employs 420 people and operates production sites in Emmenbrücke (CH), Gorzow (PL), Cornaredo (IT) and in Sighisoara (RO).
Remark of Alberto Gandolfi, new Monosuisse CEO: “The combination of Monotex and Monosuisse products and our leading positions in our markets will provide our clients with a truly global partner. This business combination is also expected to result in greater flexibility and in a significant increase of our market share.” Werner Häller, COO for the Monosuisse Group, adds: “The official launch of the new organization will be in May at the Techtextil in Frankfurt, the most important trade fair of our industry. The integration of both companies will take place over the next 12 months.”
As with all important decisions, we will work closely with our clients, partners and employees to make the integration process as smooth as possible.
Alberto GANDOLFI, email@example.com; +39 0293930490
Werner HÄLLER, firstname.lastname@example.org; +41 41 414 71 01