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Texaid strengthens Swiss market position with Contex takeover

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Market share estimated at 75 per cent / Marketing synergies expected (CH) – Switzerland’s largest used textiles recycler Texaid Textilverwertungs-AG is to take over the textile and shoe recycler Contex AG as of 1 January 2011. The Schattdorf-based Texaid, whose market share already exceeded that of its nearest ...

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