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18 December 2019

Stehlin & Associés advised Glen Raven Group on the sale of a French subsidiary to Belgian group Sioen Industries

Stehlin & Associés advised Glen Raven Group on the sale of a French subsidiary, specialised in the manufacture of PVC coated technical fabrics, to Belgian group Sioen Industries.

The Glen Raven group started as a cotton mill in 1880, to become one of the leading companies in research and development, dyeing, spinning, weaving, finishing, distribution and logistics of industrial fabrics, offering its customers, leaders in the awning, marine, furniture, protective, military, geosynthetics industries, among others, innovative solutions for their businesses.

The sale is part of the Glen Raven’s strategy as they tend to focus on more historic businesses, such as technical textiles for home improvement and living spaces.

The Stehlin & Associés team advising Glen Raven group in connection with this sale, was led by partners Marc Pierre Stehlin, Armelle Maître and Anna-Christina Chaves, assisted by associates Elodie de Cock and Guillaume Maître.