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Fitesa acquires 51% stake in CNC International · Endata

◂ Announcements

Jul 26, 2018ACQUISITIONRayong, Thailand, Thailand

Fitesa acquires 51% stake in CNC International

Fitesa has acquired a 51% stake in Thai spunbond nonwovens maker CNC International. The joint venture will be renamed FitesaCNC and marks Fitesa's first presence in the Asian spunmelt market.

Status

Announced

Capacity

approximately 40,000 tons per year

Productsspunbond nonwovens

CompaniesFitesa acquirer CNC International target

Sectors#Specialty Chemicals

“Fitesa has acquired 51% of spunbond nonwovens maker CNC International.”nonwovens-industry.com

2 sources
nonwovens-industry.comFitesa Buys Majority Stake in CNC International - Nonwovens IndustryBy: Karen McIntyre EditorJul 26, 2018
thefreelibrary.comFitesa Buys Stake in CNC International. - Free Online LibrarySep 1, 2018

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

More from Fitesa

Oct 22, 2021INVESTMENTEurope (unspecified existing facility)ops Q2 2023
Fitesa invests in new Reicofil 5 nonwovens line in Europe
Fitesa Reifenhäuser supplier technical-textiles.textiletechnology.net
May 7, 2021EXPANSIONTerre Haute, Indiana, United States$19.0M34 jobsops 2022
Fitesa expands Terre Haute facility with $19M investment
Fitesa insideindianabusiness.com nccarolinacore.com
Jan 6, 2021ACQUISITION400 jobs
Fitesa acquires Tredegar's personal care films business
Tredegar Corporation target Fitesa acquirer cnhpia.org
Dec 2, 2020EXPANSIONSimpsonville, South Carolina, United States$100.0M40 jobsops Q3 2022
Fitesa to invest $100M in Simpsonville plant for mask filter production
Fitesa scbiz.com postandcourier.com textileworld.com
Nov 13, 2020EXPANSIONCosmópolis, Brazil; Gravataí, Brazil; Trezzano Rosa, Italy; Peine, Germany; Simpsonville, USA, Brazilops Jul 2021
Fitesa expands nonwovens capacity by 55,000 MT/year globally
Fitesa innovationintextiles.com nonwovensnews.com
Sep 30, 2020ACQUISITIONNorth Carolina, United States$47.5M
Fitesa to acquire FiberDynamics
Tredegar Corporation target Fitesa acquirer je.st fiberjournal.com technical-textiles.textiletechnology.net

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