# 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.

- Type: Acquisition
- Announced: 2018-02-07
- Where: Grafing, near Munich, Germany
- Status: announced
- Products: car floor mats
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Group](https://endata.com/companies/15958.md) (partner)
- [Japan Vilene Company](https://endata.com/companies/29916.md) (acquirer)
- [Hanns Glass GmbH & Co. KG](https://endata.com/companies/29917.md) (target)
- [Hanns Glass](https://endata.com/companies/30564.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2018/02/freudenberg-strengthens-floor-mat-business/), 2018-02-07: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/freudenberg-strengthens-floor-mat-business-300595011.html), 2018-02-07: "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."
- [textilemedia.com](https://www.textilemedia.com/about-us/latest-news/category/mobiletex/?start=576), 2018-03-08: "Japan Vilene, part of Germany’s Freudenberg, is to buy Hanns Glass to boost its car floor mats business."

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