# Oerlikon Neumag and Teknoweb Materials to form joint company

Oerlikon Neumag and Teknoweb Materials have agreed in principle to establish a new jointly-owned company to extend nonwovens production systems into the disposable nonwovens market. The deal is expected to close within weeks.

- Type: Partnership
- Announced: 2025-08-20
- Status: announced
- Products: nonwovens production systems, disposable nonwovens
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Oerlikon Neumag](https://endata.com/companies/23329.md)
- [Teknoweb Materials](https://endata.com/companies/23326.md) (partner)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/live_from_shows/oerlikon-neumag-teknoweb-materials-form-partnership/), 2025-08-20: "The establishment of a new, jointly-owned company will be completed in the upcoming weeks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.