MGC the textile manufacturing joint venture between the UK based Carrington Textiles and the Portugal based TMG - Acabamentos Texteis SA -an strategic finishing partner for Melchior Textil- announces the acquisition of Melchior Textil GmbH (Germany) from HOS-Group.
This acquisition further strengthens the position of all group companies in Europe, with particular focus on the DACH and the Central European markets:
Building on the strengths of both the Carrington and Melchior product ranges, this new structure will provide customers with continued innovation and a wider choice of fabrics all under one roof. Both brands, Carrington and Melchior, will retain their own identity & brand positioning and receive full group support for their respective business models.
MGC – Acabamentos Têxteis SA manufactures 18 million metres of fabric per year in Portugal, in addition to Carrington’s current production capacity of 32 million metres in Europe, giving a total of more than 50 million metres annually.
John Vareldzis, Director of MGC and CEO of Carrington, said: “We are delighted to announce this positive step. Melchior have been an obvious choice of partner for us given their reputation in the workwear textile market. We have been evaluating the possibility of cementing our relationship with Melchior for some time and this will be strategically advantageous for our future.”
Dirk Otto, CEO of HOS-Group, added: “The possibilities of this new partnership for Melchior are enormous. It further strengthens Melchior´s long-term proposition to the market, combining the resources and technical capabilities of Melchior, MGC and Carrington.”
Manuel Gonçalves, Director of MGC and Executive Board Director at TMG, said: “We look forward to the start of this exciting new phase in our development, where we will be able to further strengthen our position in the market. This will allow us to make appropriate new investment into the plant as we build on these foundations.”
Manfred Seeber, CEO of Melchior Textil states: “As part of a vertically integrated textile group Melchior will continue to provide the accustomed premium quality products and services, being able to even expand them further.”
About Carrington Textiles:
One of Europe’s largest workwear fabric suppliers, Carrington supports many of the world’s largest employers – spanning sectors from heavy industry to health care.
Formed in Lancashire, UK, in 1891, the company continues to lead the industry in the production of textiles for workwear applications. Carrington’s current product range meets demand across four main areas: workwear, flame retardant, waterproof and the military sector.
Operating in 75 countries worldwide, customers include: McDonalds, UPS, BUPA, TATA Steel, Shell, Coca Cola, Airbus, Jaguar Land Rover, BP, Arcelor Mittal.
Established in 1996, Melchior Textil GmbH are one of Europe’s leading workwear textile suppliers in industrial, government, trade, commercial and healthcare end users.
Product ranges include a focus on industrial lease and laundry textiles in various compositions, an exhaustive range of environmentally friendly products, as well as a collection of stretch fabrics.
Textil Manuel Goncalves, S.A. (TMG) is a textile manufacturer based in Vila Nova de Famalicão, Portugal.
Founded in 1937, the company has a long tradition of spinning, weaving, knitting, finishing and distributing fabrics.
A leading supplier to the clothing industry, TMG also produces textiles for the automotive industry. Its product range has grown in recent years to include fabrics with a variety of aesthetic and technical qualities.