Hoftex Group AG engages in the business of developing, producing, and distributing yarns, fabrics, home decorations, and nonwovens. It operates through the following segments: Hoftex, Neutex, and Tenowo. The Hoftex segment offers traditional products from the spinning sector such as yarns and threads; and applications for technical fabrics and apparel. The Neutex segment provides decorative fabrics as yard goods as well as ready-made household, sun-protective, and industrial textiles. The Tenowo segment is involved in technical textiles and nonwovens for the automotive, construction, and cable industries. The company was founded in 1853 and is headquartered in Hof, Germany.