Profile of Sioen Industries: a Leader In Coated Textiles Back In Expansion Mode

December 2016 | 19 pages | ID: PA2A6495494EN
Textiles Intelligence Ltd

Abstracts

Sioen Industries – based in Belgium – is a world leader in coated technical textiles and industrial protective clothing, and is also a specialist in fine chemicals. The company was originally established as a weaving mill, but has succeeded in expanding and diversifying its operations as a result of a series of acquisitions. Indeed, the company took over 12 companies between 2001 and 2007 – including producers of nonwovens, printer inks, protective apparel and technical textiles. After a pause between 2008 and 2014, the company resumed its investment and in 2016 alone it acquired four companies – bringing the number its employees to more than 3,000. Sioen is also pursuing growth through significant investments in research and development (R&D) activities and innovation. Such investments have allowed the company to commercialise new materials and to collaborate on major projects—such as large-scale seaweed cultivation.

Contents

SUMMARY

INTRODUCTION

COMPANY DEVELOPMENT

ACQUISITIONS

Dynatex
Le Comptoir Zouloo
Manifattura Fontana
Dimension-Polyant
Ursuit
Verseidag Ballistic Protection

SIOEN INDUSTRIES DIVISIONS

Coating Division
Financial performance
Manufacturing facilities and products
Coating processes
Markets for coated fabrics
Apparel Division
Chemicals Division

CAPACITY EXPANSIONS

FINANCIAL PERFORMANCE

GROWTH STRATEGY: FOCUS ON RESEARCH AND

DEVELOPMENT (R&D) AND INNOVATION

At~Sea Technologies
Panama Canal Project

List Of Tables

LIST OF TABLES

Table 1: Sioen: acquisitions, 2001-16
Table 2: Sioen: Coating Division operations, 2016
Table 3: Sioen: Apparel Division operations, 2016
Table 4: Sioen: Chemicals Division operations, 2016
Table 5: Sioen Industries: financial performance, 2011-15