TDV Industries announces the acquisition of Klopman International

TDV Industries announces the acquisition of Klopman International

Frosinone – Italy, 7 December 2016. The French textile group, TDV Industries, has become the new owner of Klopman International following an agreement with the Indian Exim bank, the vendor of 100% of the capital.

Klopman International, established in Italy since 1968, is among the principal global players producing and marketing technical fabrics for the workwear, protectivewear and corporatewear markets. In Europe, one third of workwear is, in fact, made with Klopman fabrics for a total volume of 40 million metres every year. The company, based in Frosinone, is one of the most important industrial sites of the Lazio region (Latium in French).

The origins of TDV Industries lie in the 19th century when, in 1866 in Armentières in the North of France, the Coisne and Lambert families established a partnership which led to the creation of a flourishing textile industry. After 150 years, the two families, shareholders of TDV Industries, are still convinced that the global market for technical fabrics presents growth potential for the European textile industry.

The new group generates more than €150 million in sales covering the whole European market and also part of the Asian market. The group produces sound profitability, with solid financial and industrial bases in Italy, France and Asia. The customers, suppliers, 650 employees and all the partners of this new group will thus have the prospect of lasting and sustainable development.

Klopman International and TDV Industries will retain their own identity and management. Their own brands will remain managed with full autonomy. This merger will naturally reinforce their positions in the market, guaranteeing employment and securing the investments.

Thanks to numerous complementarities and synergies, the two companies will develop strategies that will allow them to offer on the market complete, flexible and competitive ranges of products in terms of protectivewear, workwear and corporatewear in the professional, civil and military segments.

The market can thus benefit from the efficiency arising from the merger of the two companies in terms of purchases, management of industrial equipment, sharing of know-how and development of an inter-cultural marketing entity that will optimise the analysis of the market in order to be as close as possible to customers’ expectations.

“The acquisition of Klopman International proves our intention to create a global leader in the technical fabrics sector either in Europe or in the global market” said Christophe Lambert, Managing Director of TDV Industries. “Klopman International is a reference in the market. It is one of the pioneers in the history of the textile industry with workwear and protectivewear. The group has managed to reinforce its position as leader during the last few years. As regards TDV Industries, we are proud that our long-term vision, our reliability and our business model are recognised by our customers. These values have allowed out company to attain the position of leader in the French market. Our investment policy, up to 5% of our sales, has been guided by the desire to satisfy all of our stakeholders. Our objective was to deploy ourselves internationally. Klopman International represents the ideal partner to consolidate with a reliable and competitive player in this sector.”

The management of Klopman International is fully associated with the takeover: “We are very satisfied with this acquisition and we can confirm that Klopman International has entered a new phase, which will create, undoubtedly, great opportunities thanks to the experience and solidity of TDV Industries, backed by the reputation and know-how of Klopman” said Alfonso Marra, Managing Director of Klopman International.  “The production unit of Frosinone will be the centre of this new group and we will work to make it stronger every day and capable of providing innovations and quality to the market. TDV has all the qualities required to ensure a great future for the company and employees.”

Klopman International – Company profile

For nearly 50 years, Klopman International has been the European leader in the production and sale of technical fabrics for workwear with three areas of competence: Workwear, Protectivewear and Corporatewear.

The Company, first of all, introduced the use of it polyester/cotton and reached in certain sectors 1/3 of the European market and produced fabrics in more than different 100 styles and colours, specifically created for customers.

Advanced technologies and monitoring of the centralised processes, which verifies and corrects simultaneously 3,800 operation of the machine, are characteristics which make Klopman a model of this industry, by making fabrics resistant to wear and tear, to restriction and changes in colouring.

The company’s head office is at Frosinone (Italy) with 70,000 square metres of plant, about 400 employees and annual production of 40 million metres of fabric for €120 million. Alfonso Marra, Managing Director, recently launched a global expansion plan which led the company, already present with branches in Dusseldorf, Lyon, Moscow, Boras (Sweden), Dubai and Bangkok, to open another production unit in Jakarta for the Asian region.

In addition to the ISO Certification 9001:2008, Klopman operates in accordance with European standards for the management of quality and it is certified BS EN ISO 14001:2004 and BS OHSAS 18001:2007.


Global Financial Adviser: Invest Corporate Finance (team of Raphaël Rossello)

Legal Adviser France: Armand & Associés (Rupert Windeler, Perrine Klein (corporate), Georges Civalleri (fiscal))

Italian Legal Adviser: De Berti & Jacchia (Cristina Fussi, Orsola Galasso, Claudio Corba Colombo (corporate), Tiziana Zona (fiscal), Giuseppe Cristiano (financing)

Luxembourg Legal Adviser: Wildgen & Partners (Yann Payen, Jérémie Ferrian (corporate) David Maria (fiscal)


Financial Adviser Italy: KPMG Corporate Finance (team of Fabrizio Montaruli)

Italian Legal Adviser: Curtis, Mallet-Prevost, Colt & Mosle (team of Carmine Gravina)

Luxembourg Legal Adviser: Simmons & Simmons (Cathrine Foldberg Mœller, Louis-Maël Cogis)

Raphaël Rossello said: “We are proud to have assisted TDV Industries and its shareholders in a structuring transaction for their international development. Dealing with a financial institution of the Indian State in a Luxembourg legal framework and the acquisition of an Italian company with a large international dimension provided enriching complexity. The reward is to have participated in the birth of a global group in a very technological segment of the old textile business. This new transaction proves again the capacity of the Invest Corporate Finance teams to assist its customers internationally in strategic transactions.”

Invest Corporate Finance – Company profile

Invest Corporate Finance is one of the leading investment banks in France, at the service of SMEs – ETIs and their family shareholders, entrepreneurs and investment funds. Its team of 25 professionals offers independent advice concerning mergers-acquisitions, Equity Capital Market and Debt Advisory, for the purpose of providing assistance and lasting solutions.

Our News