Home / Knowledge / News / Textiles / Polymer Group completes acquisition of Fiberweb
Polymer Group completes acquisition of Fiberweb
16
Nov '13
Polymer Group, Inc. (PGI) announced that it has completed its acquisition of Fiberweb plc, a global developer and manufacturer of specialty nonwoven products and materials for a variety of industrial end markets. As a result of the acquisition, PGI is the world's largest manufacturer of nonwovens. 

The acquisition of Fiberweb marks a critical step in PGI's strategy of accelerated and sustainable growth, bringing both companies into new market segments and expanding PGI's global footprint. PGI now operates in 13 countries with an employee base of approximately 4,000 employees. Through the combination of the companies, PGI can now serve a broader range of global customers across North America, South America, Europe and the Asia-Pacific region with an unmatched portfolio of technologies and products, and world-class service.

"This is a milestone in our proud history and a critical moment for our industry," said J. Joel Hackney Jr., Chief Executive Officer of PGI. "PGI and Fiberweb are stronger together, and we are now well-positioned to deliver on the industry's growing demand for global scale, innovation and leadership." 

Fiberweb's unique offerings in Filtration, Building and Construction, Agriculture, Healthcare, Technical Fabrics, Geosynthetics and Hygiene will complement PGI's established presence across Hygiene, Healthcare, Wipes and Industrial markets. Customers of both companies are expected to benefit from PGI's expanded global presence and portfolio of products and services.

"We are committed to investing and growing our presence in our key market segments as well as those in which Fiberweb operates," said Hackney. "We look forward to welcoming the Fiberweb team as they join us in our mission of creating a safer, cleaner, healthier world for our families and communities."

Polymer Group

Must ReadView All

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Textiles | On 23rd Jan 2017

MagnaColours develops new sustainability standard

MagnaColours, manufacturer of printing inks and ink bases, discharge...

Courtesy: ZDHC

Textiles | On 23rd Jan 2017

ZDHC adds six new contributors for sustainability

Zero Discharge of Hazardous Chemicals (ZDHC) programme has added six...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search