About Hoftex Group
Hoftex Group is a company based in Hof (Germany) founded in 1853.. The company has 1,037 employees as of December 31, 2021. Hoftex Group offers products and services including HOFTEX Products, TENOWO Products, and NEUTEX Products. Hoftex Group operates in a competitive market with competitors including Kufner, Gütermann, Mewa, Suedwolle Group and Thies, among others.
- Headquarter Hof, Germany
- Employees 1037 as on 31 Dec, 2021
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Hoftex Group Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
1037
as on Dec 31, 2021
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Products & Services of Hoftex Group
Hoftex Group offers a comprehensive portfolio of products and services, including HOFTEX Products, TENOWO Products, and NEUTEX Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Textile solutions for industrial applications and partners
Specialized textiles for events and global markets
Innovative textile offerings for diverse sectors
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Funding Insights of Hoftex Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hoftex Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hoftex Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hoftex Group Comparisons
Competitors of Hoftex Group
Hoftex Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kufner, Gütermann, Mewa, Suedwolle Group and Thies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Interlining fabrics and technical textiles are produced for diverse industries.
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| domain | founded_year | HQ Location |
Sewing threads are manufactured under contract by Gütermann.
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Contract based manufacturer of textile products
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| domain | founded_year | HQ Location |
Manufactures and distributes yarn for knitting, weaving, and technical textiles.
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| domain | founded_year | HQ Location |
Textile machinery is manufactured alongside contract services for industrial components.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hoftex Group
When was Hoftex Group founded?
Hoftex Group was founded in 1853.
Where is Hoftex Group located?
Hoftex Group is headquartered in Hof, Germany. It is registered at Hof, Bavaria, Germany.
Who is the current CEO of Hoftex Group?
KLAUS STEGER is the current CEO of Hoftex Group.
How many employees does Hoftex Group have?
As of Dec 31, 2021, the latest employee count at Hoftex Group is 1,037.
What does Hoftex Group do?
Hoftex Group was established in 1853 in Hof, Germany, and operates within the textile sector. Textile manufacturing and related services are provided, with activities extending to the USA. The company is headquartered in Germany and focuses on core textile operations across international locations. Leadership is provided by CEO Klaus Steger, overseeing strategic directions in the industry.
Who are the top competitors of Hoftex Group?
Hoftex Group's top competitors include Gütermann, Kufner and Hewa Leder.
What products or services does Hoftex Group offer?
Hoftex Group offers HOFTEX Products, TENOWO Products, and NEUTEX Products.