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German textiles recycler Soex closes sorting plant

Search for buyer willing to acquire entire group comes up empty

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Soex's textiles sorting facility in Bitterfeld-Wolfen ceases operations.

Attempts to find an investor interested in acquiring the whole of the insolvent Soex Group have been unsuccessful. According to a spokesperson for the German textile recycler, which is currently in a self-administration restructuring process, the company's management had found a buyer only for individual subsidiaries....

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Waste textiles Germany
Article topics
Waste textiles
Capacity changes
Mergers and acquisitions
Financials
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Business
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