25 November 2009, Übach-Palenberg - Oerlikon Textile is to
focus on the component business and is selling Oerlikon Enka Tecnica based in Übach-Palenberg,
in line with a management buyout.
“This is the optimum solution for all parties concerned. Oerlikon
Textile Components is concentrating on its core competences. Due to the
management buyout, all 110 jobs will be preserved, the new company has the
possibility to operate in the market with more flexibility and latitude“, says
Thomas Babacan, CEO of Oerlikon Textile and COO of the Oerlikon group.
The buyer of Oerlikon Enka Tecnica with the German locations
in Übach-Palenberg (North Rhine Westphalia) and Gröbzig (Saxony-Anhalt) is Uwe
Gaedike Beteiligung GmbH, Bonn. The transaction has been concluded with effect
from 25 November 2009, the company said.
Enka Tecnica GmbH will continue to concentrate on the
production of parts and components for the construction of high precision
machines. The company provides customers in the spinning and nonwoven sector
with individual solutions for spinnerets and special parts for the production
of manmade fibres and nonwoven fabrics. In addition, Enca Tecnica carries out
spinneret maintenance and offers an increasingly wide product portfolio in the
micro product sector with special surface finishing, for example for the medical
sector. Further close cooperation with the Oerlikon Textile units is expected.
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