EXEC: Sympatex Acquired Out of Insolvency Proceedings
Sympatex Technologies, the German manufacturer of membranes, laminates and textiles used in outdoor apparel and footwear, is being acquired by Italian textile supplier Pidigi S.p.A. The sale comes as Sympatex filed for insolvency at the Munich Local Court in Germany on January 22. The acquisition is scheduled to be effective on June 1. Pidigi, based…

