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Leading producer of technical textiles for decorative and technical applications

Vitrulan Group

Vitrulan Group consists of Vitrulan Textile Glass GmbH, Marktschorgast (Bavaria), and Vitrulan Technical Textiles GmbH, Haselbach (Thuringia). Vitrulan has approximately 400 employees and generates annual revenues of around €60 million. The company produces highly resilient glass-fiber based woven and fleece-based interior wall and ceiling coverings woven from glass yarns for public and private buildings, as well as reinforcing and backing fabrics, laminates and specialist products.

Link to the website

Facts & Figures

Sector:
Textile glass (woven and fleece-based wall coverings) and glass-based technical textiles
Location:
Marktschorgast (D), Haselbach (D)
Staff:
400
Revenue turnover:
€60 million
Acquired on:
30. November 2016
Vendor:
Family entrepeneur
Transaction:
Acquisition of 90% of the shares as succession solution for an owner-operated enterprise