Hoftex Group (NBH) Stock Overview

Hoftex Group AG, through its subsidiaries, develops, manufactures, and sells textile products for various applications in Germany and internationally. The company operates through NEUTEX, HOFTEX, and TENOWO divisions. It engages in weaving, dyeing, and finishing of decorative fabrics. The company also offers yarns and fabrics; acoustic nonwoven fabrics for the automotive industry; and nonwoven fabrics for construction, cable, and apparel sectors. The company was formerly known as Textilgruppe Hof AG and changed its name to Hoftex Group AG in January 2013. Hoftex Group AG was founded in 1853 and is based in Hof, Germany.