# 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%.

- Type: Acquisition
- Announced: 2018-10-26
- Where: Novaya Moscow region, Russia
- Value: $25.0M
- Status: completed
- Capacity: Regent NM: 20,000 tonnes/year; Netkanika: 8,000 tonnes/year
- Products: nonwoven materials, spunbond, spunmelt
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Netkanika](https://endata.com/companies/35139.md) (acquirer)
- [Regent NM](https://endata.com/companies/35140.md) (target)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/russian-nonwovens-growth-leads-to-consolidation/), 2018-10-26: "The deal, worth US$ 25 million, is one of the largest to be concluded in the industry in recent years."

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