Japan Vilene to acquire Hanns Glass Group

Japan Vilene Co., a Freudenberg Business Group, signed an agreement to acquire Hanns Glass GmbH & Co. KG, a global automotive supplier of car floor mats. The transaction is expected to close in Q2 2018.

“With the acquisition of the Hanns Glass Group, the VIAM Group will gain access to the European automotive market and, in the future, will be able to supply European carmakers from local production sites.”textileworld.com

• 3 sources
• textileworld.comFreudenberg Strengthens Floor Mat Business | Textile WorldJim BornemanFeb 7, 2018
• prnewswire.comFreudenberg strengthens floor mat businessFreudenbergFeb 7, 2018
• textilemedia.comLatest News - Page 37, In category MobileTexMar 8, 2018

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