Netkanika acquires Regent NM for $25M

Netkanika acquired Regent NM, a Russian nonwovens producer, for $25 million, gaining production assets in Novaya Moscow region. Netkanika plans to invest $10 million to increase capacity by 40%.

“The deal, worth US$ 25 million, is one of the largest to be concluded in the industry in recent years.”innovationintextiles.com

• 1 source
• innovationintextiles.comRussian nonwovens growth leads to consolidationEugene GerdenOct 26, 2018

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