Sioen Industries has reached an agreement with the Glen Raven group for the acquisition of its PVC coating activities, an activity considered to be non-core for the Glen Raven Group as it focuses on technical textiles for home improvement and living spaces.

The PVC coating activities are situated both in France (production unit) and the USA (Sales office). It is the intention to continue to develop in close partnership sun-protection fabrics, outdoor textiles and PVC free coated fabrics. “This acquisition will strengthen the position of both companies in the market of PVC coated technical fabrics (transport, industry, environment, tensile structures, solar protection, tents and inkjet printing),” Sioen said in a statement. No further details were available.

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