Hoftex Group AG
Hoftex Group AG is a Germany-based manufacturer of textile solutions. The company operates through three segments: Hoftex, Tenowo, and Neutex. The Hoftex segment offers classic spinning-mill products, such as yarns and threads, with a focus on technical textile products and exclusive clothing, and also develops and produces numerous specialty textiles, such as yarns for tire production and for applications in the food industry. The Tenowo segment develops and manufactures acoustic nonwovens for the automotive industry and nonwovens for the construction industry, the cable industry or the apparel sector. The Neutex segment focuses on decorative fabrics, along with ready-made home textiles and textile sun-shading solutions, among others.