MCH acquires 35% of shares of Jeanologia, the company with high commitment to innovation in the textile industry. The Valencia based company is specializing in the design and manufacturing of sustainable technologies for the textile industry. Part of their business is based on laser systems that are unique worldwide. Estimates of the market value of the operation count at around 20 million euros.

Jeanologia plans to double their business by 2018, focusing all efforts on R&D+i, which will guide an investment of 10 million euros in this period. The Valencian company ended the fiscal year of 2015 with a turnover of 32 million and a gross operating profit (EBITDA) of 7.5 million, according to company data. Brands such as Levis, Abercrombie & Fitch, Edwin Japan, Pepe Jeans, Diesel and Tommy Hilfiger are among customers of Jeanologia due to their flagship laser technology applied during the production of jeans.

More info about Jeanologia can be found here.