Germany-based Trevira GmbH — a manufacturer of high-value branded polyester fibers and filament
yarns for the apparel, home textiles and automotive industries as well as hygiene and technical
applications — has secured financing for the transfer of business, guaranteeing that production
will be continued at all locations and more than 1,400 jobs will be preserved.
Following bankruptcy filing in June 2009, Trevira announced in October that investors Stefan
Messer and Dr. Karl-Gerhard Seifert would take over the company
(See ”
New
Owners To Take Over Trevira November 1,” Oct. 6, 2009). However, Trevira Group Insolvency
Administrator Werner Schneider withdrew the sales contract in late November, and announced that
Trevira Group would be transferred as scheduled to a new company on Jan. 1, 2010.
“For us this is an important start signal into a better future,” Schneider said. “Following
successful restructuring the company is very well placed and able to operate with complete
independence in production and sales.”
Trevira GmbH will continue to operate under its existing name. Other solutions are being
sought for the remaining components of the business of the former Trevira Group, which has been
renamed Trevira Abwicklungsgesellschaft mbH. “It was extremely vital for us to secure the Trevira
brand name, since we intend to focus on continuity,” said Uwe Wöhner, who now is serving as CEO.
January 12, 2010
