Sympatex Technologies GmbH has found an investor. After the Unterföhring-based textile manufacturer filed for bankruptcy in January, it announced on Friday that the operational business would be taken over by the Italian supplier Pidigi SpA as part of a transferring restructuring with effect from June 1, 2026.
The owner-managed Italian supplier from Verona, together with a German subsidiary, is taking over key assets from Sympatex. The Sympatex brand will be continued. According to the insolvency administrator Axel W. Bierbach, 21 jobs and all four training positions will be retained at the Unterföhring location. The international locations in France, China and Hong Kong as well as the Korean sales representative office will also be continued.
At the same time, there are job cuts as part of the restructuring. Redundancies are to be announced for operational reasons for 25 employees at the Unterföhring location. Around 20 employees left the company during the preliminary insolvency administration, the statement said. To cushion the consequences, a reconciliation of interests and a social plan were agreed.
Pidigi and Sympatex have been working together for many years. The Italian family business sells, among other things, laminates and membranes for the shoe and clothing industry and has been working with Sympatex in the footwear segment for decades. There is also a partnership in the area of tape production. The takeover is intended to create operational and economic synergies along the value chain.
“The takeover of Sympatex is an important strategic step for us, building on a long-standing and trusting collaboration,” said Pidigi owner and managing director Giorgio De Gara. Together they want to further develop Sympatex’s international business – from performance laminates and tapes for footwear applications to technical solutions for government, workwear and apparel markets.
Sympatex filed for bankruptcy at the end of January. Business operations have continued in full over the past three and a half months, explained insolvency administrator Bierbach. With Pidigi, they found an investor who has industry knowledge and strong international networks and can thus create long-term prospects for the company.
The previous managing director Kim Scholze, who led Sympatex through the insolvency proceedings, will leave the company after the transaction is completed.