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US' Newtex Industries acquires Gentex's industrial textile division

09 Aug '23
1 min read
Pic: Newtex
Pic: Newtex

Insights

  • Newtex Industries has successfully acquired Gentex Corp's industrial textile division, encompassing renowned brands Dual-Mirror and FlexIR.
  • This enhances Newtex's product lineup, particularly in radiant heat shielding.
  • CEO Jerry Joliet emphasises the commitment to safety and the expansion's benefits for industrial and military high-temperature textile applications.
Newtex Industries, a leading manufacturer of high-performance textiles and fabricated textile systems for thermal management and fire protection, has announced that it has successfully completed the acquisition of the industrial textile division of Gentex Corp. This acquisition includes the market leading Dual-Mirror and FlexIR brands of aluminised fabrics, marking a significant expansion of Newtex's existing product portfolio.

"The acquisition of Gentex's textile division, which includes the Dual-Mirror and FlexIR brands, highlights our commitment to the safety of fire fighters, industrial workers, equipment and facilities globally. The combination of our Z-Flex aluminised offerings with the Gentex brands will lead to a complete portfolio for any possible radiant heat shielding requirement,” Jerry Joliet, CEO of Newtex Industries, said.

This strategic acquisition strengthens Newtex's position as a global leader in high-temperature textiles for industrial and military applications, the company said in a press release.

Fibre2Fashion News Desk (RR)

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