Teijin Frontier acquires J.H. Ziegler for €125M

Teijin Frontier Co., Ltd. has agreed to acquire J.H. Ziegler GmbH, a German manufacturer of technical nonwovens, for approximately €125 million. The acquisition is expected to be completed in August 2018.

“The fiber-product converting company Teijin Frontier Co., Ltd., Tokyo/Japan, has agreed to acquire the manufacturer of technical nonwovens J.H. Ziegler GmbH, Achern/Germany, at a cost of approximately €125 million.”technical-textiles.textiletechnology.net

• 5 sources
• technical-textiles.textiletechnology.netacquisition of J.H. ZieglerEditorial Team TextileTechnologyJul 30, 2018
• nonwovens-industry.comTeijin Frontier Buys J.H. Ziegler - Nonwovens IndustrySaveJul 30, 2018
• chemanager-online.comTeijin Acquires Germany’s J.H. Ziegler • CHEManager is the market-leading medium for the management of the chemical and pharmaceutical industryAug 2, 2018
• textilemedia.comLatest News - Page 158Aug 9, 2018
• textilemedia.comLatest MobileTex News - Page 3, In 2018Sep 17, 2018

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