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R2G, the Czech private equity firm that had acquired Pegas Nonwovens, purchased First Quality Nonwovens in May 2018, merging the two to form PFNonwovens, one of the largest spunmelt nonwovens producers globally.
“This transaction will enable us and our group companies to support our global customers across four continents.”nonwovens-industry.com
Summarized from public sources; check the original articles before acting on it.