Tesca and Willy Schmitz announce that they have closed a transaction whereby Tesca is acquiring the business of Willy Schmitz and its operations, located in Germany. Tesca, headquartered in Paris France, is a major supplier of automotive fabrics, value added textile parts and seating components. Tesca employs 3,500 people and operate 22 facilities globally.
Willy Schmitz, headquartered in Monchengladbach, Germany is a major supplier of fabrics to the German automotive manufacturers, but also to other industries, including via its affiliated company Ogus. Willy Schmitz employs 150 people and operates in two facilities in Germany.
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02 March 2020
