Fi-Tech, Gaedike Acquire Oerlikon Enka Tecnica

Oerlikon Textile GmbH & Co. KG, Germany, has sold Oerlikon Enka Tecnica GmbH, part of Oerlikon
Textile Components, to Uwe Gaedike Beteiligung GmbH, a joint venture between Uwe Gaedike, formerly
head of Spinning & Nonwovens at Oerlikon Textile Components, and Fi-Tech Inc., Richmond, Va., a
textile equipment and components distributor.

Gaedike is managing director of the company, now known as Enka Tecnica GmbH, which has 110
employees and produces spinnerets and customized parts and components for man-made-fiber and
nonwovens machinery. The company also offers spinneret maintenance and will increase its micro
surface-finishing product offerings for applications such as medical textiles. It also plans to
work closely with Oerlikon Textile’s ongoing business units.

January/February 2010