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Wood Textiles to sell 30% stake in Pegas Nonwovens to R2G Rohan · Endata

◂ Announcements

Sep 13, 2017ACQUISITIONZnojmo, Czechia

Wood Textiles to sell 30% stake in Pegas Nonwovens to R2G Rohan

Wood Textiles Holding has decided to sell its approximately 30% stake in Pegas Nonwovens to Czech investment firm R2G Rohan, accepting a takeover offer valuing the company at 8.9 billion CZK.

Value

$350.0M (8.90B CZK)

Status

Announced

Productsnonwoven textiles

CompaniesPegas Nonwovens target Wood Textiles Holding partner R2G Rohan acquirer

Sectors#Industrial Textiles

“Po dalších úvahách ohledně podmínek dobrovolné nabídky na převzetí a konzultacích s investory, po zvážení investičních preferencí a rizik, jsme se finálně rozhodli nabídku na převzetí akceptovat.”e15.cz

2 sources
e15.czWood Textiles prodá svůj podíl v textilce Pegas Nonwovens | e15.czČTKSep 13, 2017
lidovky.czZměny ve známé české textilce. Největší balík akcií koupí miliardář Šlemr | Ekonomika | Lidovky.czČTK, Profimedia, Štěpán Hobza, Miroslav Korecký, Rastislav ZárodňanskýSep 13, 2017

Summarized from public sources; check the original articles before acting on it.

More from Pegas Nonwovens

May 22, 2018ACQUISITIONUnited States and China, United States$500.0M
R2G to buy First Quality Nonwovens for up to $500 million
Pegas Nonwovens partner R2G acquirer reuters.com ct24.ceskatelevize.cz intellinews.com
May 1, 2018ACQUISITIONCzechia
R2G acquires First Quality Nonwovens, creating PFNonwovens
PFNonwovens Pegas Nonwovens target nonwovens-industry.com
Mar 14, 2018INVESTMENTZnojmo, Czech Republic, Czechia$9.30Mops 2019
Pegas Nonwovens receives incentives for new R5 line in Czech Republic
Pegas Nonwovens nonwovens-industry.com
Jan 12, 2018INVESTMENTZnojmo, Czechiaops Q4 2019
Pegas Nonwovens orders new production line from Reifenhäuser Reicofil
Pegas Nonwovens Reifenhäuser Reicofil supplier innovationintextiles.com
Dec 12, 2017CONTRACTZnojmo, Czechia
Pegas Nonwovens contracts Reifenhäuser Reicofil for new production line in Znojmo
Pegas Nonwovens Reifenhäuser Reicofil supplier nonwovens-industry.com
Sep 29, 2017INVESTMENTZnojmo, Czechiaops Q3 2019
Pegas Nonwovens signs MoU for new production line at Znojmo plant
Pegas Nonwovens Reifenhaeuser Reicofil supplier yarnsandfibers.com

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