#Nonwovens / Technical Textiles
Coisne et Lambert acquires knitwear dyeing and finishing specialist TAD
TAD is specialized in the dyeing and finishing of knitted fabrics and has been in the market for over 30 years. Based in Le Coteau (France), the company has a production site of 9,000 m² and is a major player in the civil and administrative markets for technical textiles for professional clothing, medical, sport and apparel.
With a well equipped R&D laboratory, responsive and innovative sampling and production processes, TAD is ISO 14001 certified to manage its environmental performance.
TAD will extend the group's textile know-how adding expertise in knitwear finishing (dyeing, finishing and functionalities). The complimentary nature of their skillsets will allow the three companies to develop synergies for the benefit of their common and specific markets.
This integration will enable TAD to strengthen its specific business model and its services as a French finishing company over the long term, for the benefit of its historical and future customers.
The group, which is made up of the two companies TDV Industries and Klopman International, achieved a turnover of 185 million euros for the 2021-2022 financial year and employs more than 600 people. It also intends to expand its presence in new markets and geographical areas. Klopman International and TDV Industries want to offer markets more complete, flexible and competitive solutions for professional, civil and military clothing.
"The acquisition of TAD illustrates our desire to build a leading group in the field of technical textiles on the European and global markets.” - says Christophe Lambert, President of the group - Our vision is industrial and long term. TAD will keep the identity and the business model that have made this company successful on its markets for more than 30 years, and will belong to a solid family group. Our family group is pleased to welcome TAD, a company known for its operational excellence, its commercial proximity and the strong values forged by its founders Jean Louis and Jocelyne Danjoux, over many years."
"Our desire is to strengthen our position in the market by adding additional opportunities to the group. TAD will bring new and complementary expertise to a solid, industrial and international group like ours," says Alexandre Desroches, CEO of the group. "We are extremely pleased with this acquisition and can now say that it will take the group into a new phase that I am sure will lead to great opportunities for all companies involved. The group will benefit from the synergies created between the three companies."
