HeiQ Materials was founded in 2005 as a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH). The company has already developed more than 200 technologies for textiles, according to a press release issued by the London Stock Exchange. HeiQ develops solutions for its customers’ problems, rapidly initiates industrial production for these before supporting marketing activities. The client base includes companies such as Burberry, GAP, Patagonia, The North Face and Zara.
HeiQ more than doubled its sales during the first half of 2020. High demand for the HeiQ Viroblock solution made a significant contribution here. With this technology, textiles are able to repel viruses, including the coronavirus. The company is profitable and employs more than 100 members of staff all around the world.
HeiQ has been listed on the London Stock Exchange since Monday. Carlo Centonze, co-founder and CEO of HeiQ, explained in the press release that the IPO (initial public offering) will enable his company to build on the significant momentum generated in the year to date. HeiQ successfully raised a total of 60 million pounds sterling in fresh capital from both institutional and other investors prior to launching the IPO.
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