Bleckmann, a player in the textile sector, has acquired a majority stake in the B2Tex Group, a Fashion Logistics specialist based in Spain.
B2Tex operates through its renowned subsidiaries, Thinktextil and Handtex.
“We are delighted to be working with Bleckmann. Becoming part of a like-minded organization will allow us to further scale our business and access the expertise of Bleckmann. Together with our team, we are looking forward to continuing to build our operations and offer a wider range of possibilities to our great client base in Spain and abroad,” stated David Sanz, on the new partnership, CEO of B2Tex.
Spain-based B2Tex Group reported a revenue of approximately US$67 million in 2023.
This acquisition represents a significant milestone in Bleckmann’s strategic expansion into Southern Europe, broadening its service offerings and client base, according to the statement.
“We have come to know the B2Tex group as entrepreneurial and very client-focused Fashion and Lifestyle experts. These values match the DNA of Bleckmann. Through various conversations with the two major shareholders and management of B2Tex, we realized that our companies can significantly reinforce each other. At Bleckmann, we are excited to expand our operations to Southern Europe and present ourselves to many important Fashion and Lifestyle brands in the region. We look forward to working with the shareholders and extended team of B2Tex to further develop joint opportunities,” said Kurt Pierloot, CEO of Bleckmann.
He added, “The cooperation with the two major shareholders of B2Tex, Alvaro Bordils and David Lasheras, has been instrumental in this partnership. Their support and vision align perfectly with our goals, and we are confident in the mutual benefits this acquisition will bring.”
