Cilander finalizes sale to Chargeurs PCC

Cilander and Chargeurs PCC have finalized the takeover project announced at the end of May. The French specialists for interlinings and inner components in the clothing industry is the new owner of strategic assets of Cilander, as the textile finishing company based in Herisau the canton of Appenzell Ausserrhoden writes in a press release. In specific terms, the Chargeurs Group has acquired a range of renowned brands for shirting fabrics and finishing technologies for technical textiles.

“I am delighted to welcome these new employees and the talent they bring with them”, comments Michaël Fribourg, Chairman and Chief Executive Officer of Chargeurs, in the press release. “The acquisition of finishing technologies that complement our existing technologies, as well as world-renowned, high-quality fabric brands, offers us the opportunity to expand our product range and enter new markets”.

By selling its business units to Chargeurs PCC, Cilander has managed to avert the possibility of ceasing trading. “We greatly value the takeover in the interests of the company and its people”, as Cilander CEO Burghard Schneider explains, before adding: “The combination of Swiss technology and textile coating expertise, paired with Chargeurs’ excellent brand management, is reminiscent of history and experience with a clear view of the future”. ce/hs