# 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.

- Type: Acquisition
- Announced: 2018-07-30
- Where: Achern, Germany, Germany
- Value: $146.0M (125.0M EUR)
- Status: announced
- Products: technical nonwovens, automotive interior materials, sound-absorbing materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Teijin Frontier](https://endata.com/companies/23526.md) (acquirer)
- [J.H. Ziegler](https://endata.com/companies/33389.md) (target)

## Sources

- [technical-textiles.textiletechnology.net](https://technical-textiles.textiletechnology.net/news/acquisition-of-jh-ziegler-210402), 2018-07-30: "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."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/teijin-frontier-buys-jh-ziegler/), 2018-07-30: "Teijin Frontier Co., Ltd., the Teijin Group’s fiber and products converting company, announced that it has agreed to acquire J.H. Ziegler GmbH (Ziegler), a leading supplier of automotive interior materials in Germany, at a cost of approximately €125 million."
- [chemanager-online.com](https://chemanager-online.com/en/news/teijin-acquires-germanys-j-h-ziegler), 2018-08-02: "The acquisition will boost Teijin’s automotive materials production and sales capabilities in Europe."
- [textilemedia.com](https://www.textilemedia.com/about-us/latest-news/?start=2512), 2018-08-09: "Teijin Frontier, the Japan-based Teijin Group’s fibre and products converting company, is to acquire J. H. Ziegler."
- [textilemedia.com](https://www.textilemedia.com/mobiletex/latest-news/archive/2018/?start=20), 2018-09-17: "Teijin Frontier, the Japan-based Teijin Group’s fibre and products converting company, is to acquire J.H. Ziegler."

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