PitchBook

ITM International (Etrotex Velvet Department) Company Profile

ITM International (Etrotex Velvet Department), a private Belgian manufacturer specializing in jacquard velvet fabrics made from bamboo fiber within the plant textiles industry, was formerly PE-backed and acquired by Tissage de Kalken on May 23, 2011, following one financing round and a buyout/LBO deal.

Overview

ITM International (Etrotex Velvet Department) is a manufacturer of fabrics from bamboo fiber. The company provides woven tufted fabric of cut threads that are evenly distributed, representing jacquard velvet made from bamboo fiber.

Status

  • Acquired/Merged

Latest Deal Type

  • Buyout/LBO

Financing Rounds

  • 1

Ownership and Financing Status

  • Formerly PE-Backed
  • Acquired/Merged

Corporate Office

  • Industriezone 10
  • 9770 Kruishoutem
  • Belgium

Primary Industry

  • Plant Textiles

Acquirer

  • Tissage de Kalken

Vertical(s)

  • Manufacturing

FAQs

Where is ITM International (Etrotex Velvet Department) headquartered?

ITM International (Etrotex Velvet Department) is headquartered in Kruishoutem, Belgium.

What industry is ITM International (Etrotex Velvet Department) in?

ITM International (Etrotex Velvet Department)’s primary industry is Plant Textiles.

Is ITM International (Etrotex Velvet Department) a private or public company?

ITM International (Etrotex Velvet Department) is a private company.

What is ITM International (Etrotex Velvet Department)’s current revenue?

The current revenue for ITM International (Etrotex Velvet Department) is not specified.

Who are ITM International (Etrotex Velvet Department)’s investors?

ITM International has invested in ITM International (Etrotex Velvet Department).

When was ITM International (Etrotex Velvet Department) acquired?

ITM International (Etrotex Velvet Department) was acquired on 23-May-2011.

Who acquired ITM International (Etrotex Velvet Department)?

ITM International (Etrotex Velvet Department) was acquired by Tissage de Kalken.