Nevotex AB acquires German fabric wholesaler
Art Novel Textiles GmbH focuses on the German market and is based in Coburg, Germany. The fabric wholesaler has officially become a wholly-owned subsidiary of Nevotex AB.
Nevotex has been interested in establishing itself on the German market for a long time and in the fall of 2022 discussions began with Art Novel. With the result of Nevotex being given the opportunity to acquire the company.
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Thom Nilsson
CEO - Nevotex Group"A strong actor”
Art Novel also operates on the European market and will, in conjunction with Nevotex’s acquisition, change name to Nevotex Art Novel GmbH.
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Stephan Eckerlein
Managing Director - Art NovelFor more information:
Thom Nilsson
CEO, Nevotex AB
+46 (0) 380 55 38 30
+46 (0) 708 48 41 41
thom.nilsson@nevotex.se
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