The Teijin Group announced today that on November 29 it acquired 25,000 shares, or 20 percent of the outstanding shares of Elitac B.V., a startup company that develops textiles and clothing integrated with wearable sensing devices, located in Utrecht, The Netherlands. The shares were purchased through Teijin Aramid B.V., the core company of the Teijin Group's aramid business, located in Arnhem, The Netherlands.
Gerben de Bree, leader of Teijin’s Total Safety Solution Provider (TSSP) platform, was appointed as a member of Elitac’s board on November 29.
The Teijin Group and Elitac aim to co-develop solutions that will strengthen and evolve
Gerben de Bree, leader of Teijin’s Total Safety Solution Provider (TSSP) platform, was appointed as a member of Elitac’s board on November 29.
The Teijin Group and Elitac aim to co-develop solutions that will strengthen and evolve
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