BRUSSELS—Brunswick et Fils, a producer of readymades and fabric wholesaler purchased the intellectual assets of Henri Robert, a Belgian fabric converter.

A previous article incorrectly stated that “late in 2011, M. Olivier Duchange purchased the assets of Henri Robert Textiles, a Belgian converter that went bankrupt.”

“The company is not bankrupt and was not sold to M. Olivier Duchange,” according to Henri Robert, principal of Henri Robert SA. “Only the intellectual assets of that company were sold to Brunswick of Paris, France,” he said. 

Henri went on to say the following: “Only the know-how of Henri Robert SA has been sold. M. Olivier Duchange is not the owner of Henri Robert SA and has nothing to do with my company. Henri Robert SA is not bankrupt but a wealthy company which decided a year ago to move on to the family real estate business. Henri Robert SA never worked with any bank, always paid cash on all invoices with private money and is still worth over ten million Euro.”

Henri Robert was founded in 1929 and was an exhibitor at Heimtextil in Frankfurt.