New owner steps in to save Sympatex assets
Pidigi, a supplier to the footwear and leather goods industries based in Verona, has been chosen by insolvency administrator Axel W. Bierbach to take over the assets of Sympatex. The two companies are long-time partners. The membrane supplier has been in administration since early 2026.
“This acquisition is the natural evolution of a partnership built over many years on shared values, trust and complementary expertise,” commented Pidigi owner and managing director Dr. Giorgio De Gara.
The new owner is keeping Sympatex’s headquarters in Unterföhring, near Munich, and international sales offices in France, China, Hong Kong and South Korea. Roughly half of the employees are being retained, 21, including four trainees, while 25 have already left or will be leaving by late August this year. Kim Scholze, former head of marketing who took over as managing director last fall, and navigated the difficult times, is not staying on board.
“Given the challenging market environment, which is subject to significant competitive and cost pressures, and Sympatex’s unique corporate history, finding a suitable buyer for Sympatex was a very demanding task. I am all the more pleased that we were able to secure an ideal investor in Pidigi, a company that knows this highly specialised market well and has itself been successfully rooted in the footwear and apparel industry for many decades,” commented Mr Bierbach.