WCA September 2016

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26 Wire & Cable ASIA – September/October 2016
Industrynews
COATS, an industrial thread manufacturer, has acquired
Gotex, a Spain-based manufacturer of high performance
fibres, yarns and tapes used in industries such as
telecommunications, oil and gas and power transmissions.
Gotex’s fibreglass coating technology and products will
complement Coats’ existing coated aramid product range.
There is much synergy between the product offerings and
together the companies will be able to provide an
enhanced range of products to the fibre optics cable
industry. The acquisition reinforces Coats’ strategy of
expanding into value added engineered yarns.
Gotex, headquartered near Barcelona, Spain, has three
main categories of products:
• Technical yarns – yarns transformed via unique and
proprietary coating technologies, used in the cable
industry to reinforce, insulate and protect optical fibres
• Technical woven tapes – woven high technical fibres,
such as fibreglass, aramid or carbon, used to protect
cables from impacts, rodents, etc, and in composites
• Product trading – buying and selling additional products
that cannot be manufactured in-house, like mica tapes,
FRP rods and plastic films
Its core customer base is fibre optic cable manufacturers,
although oil and gas flexible pipe producers and high tech
sports equipment manufacturers are also growing areas.
David Ferré, Gotex chief executive officer, said: “This offers
great opportunity both for Gotex and our customers. It
provides a way to accelerate our business growth and
further develop our brand through significantly enhanced
market strength and opportunity, as well as prospects for
product collaboration with a global market leader.”
Paul Forman, group chief executive, Coats, said: “Gotex is
an exciting first acquisition for our speciality business that
is fully aligned with our growth strategy; a global market
leader in developing and producing innovative, high
performance materials that complement our existing
product portfolio. It is an ideal fit with our speciality
business.”
Gotex SA – Spain
Website:
Gotex deal wrapped up
❍ Staff at Gotex headquarters near Barcelona, Spain