Solihull advisers provide expert advice on US-UK textiles sale

Solihull-based Headpoint Advisors have played a crucial role in the sale of a UK textiles operation to a California-based global manufacturer.

The West Midland group advised Cha Technologies Group on the sale of Cosmotec Nonwovens to Airtech Advanced Materials Group.

Headpoint advised Cha Technologies, a Switzerland-headquartered global conglomerate with diversified interests across property, technology, textiles, financial services, and healthcare, on the sale of its UK-based subsidiary, Cosmotec Nonwovens.

Cosmotec is a specialist manufacturer of needle-punch and air-bonded nonwoven textiles, operating from an eight-acre facility in Blackburn – a historic centre for UK textile manufacturing.

Airtech Advanced Materials Group is a global manufacturer headquartered in Huntington Beach, California, with operations across the US, Europe, and Asia. The group serves a broad range of industries, including aerospace, composites, automotive, and defence.

Cosmotec will become part of Airtech’s global platform, enhancing its nonwoven manufacturing capabilities and presence in Europe. The acquisition gives Airtech access to Cosmotec’s niche product expertise and short lead times, strengthening its ability to support customers across key industrial sectors. The integration is expected to deliver immediate synergies and broaden Airtech’s product portfolio.

Cosmotec’s products serve a variety of end markets, including geotextiles, filtration, construction, and automotive. The transaction marks a strategic milestone for both parties, reinforcing Airtech’s growth strategy in specialist materials and enabling Cosmotec to scale its reach through Airtech’s global footprint.

Jacques Boubal, Group CEO of Cha Technologies Group, said: “Headpoint assisted us in this process with great professionalism and delivered a successful sale of Cosmotec to an ideal international strategic buyer in Airtech. Communication with Headpoint was always constructive, and the team was readily available and responsive to our needs, driving the deal to completion.”

Mark Wilson, Managing Partner at Headpoint, who led the deal, added: “We are delighted to have supported Cha Technologies on this process and are grateful they selected us as their adviser. We believe the combination of Cosmotec and Airtech will create a strong international player in nonwoven manufacturing. It was a pleasure working with the Cha and Cosmotec teams, and we wish them every success as part of the Airtech Group.”

The transaction highlighted Headpoint’s ability to advise on cross-border sales involving specialist manufacturing businesses and to deliver outcomes with highly complementary international acquirers.

Mark Wilson was supported by Oliver Stephens and Ben Skym in advising Cha Technologies Group.