# R2G acquires First Quality Nonwovens, creating PFNonwovens

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.

- Type: Acquisition
- Announced: 2018-05-01
- Where: Czechia
- Status: completed
- Capacity: 250000 tons per year
- Products: spunmelt nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [PFNonwovens](https://endata.com/companies/32856.md)
- [Pegas Nonwovens](https://endata.com/companies/21568.md) (target)
- [R2G](https://endata.com/companies/25703.md) (acquirer)
- [First Quality Nonwovens](https://endata.com/companies/32021.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/exclusives/pf-nonwovens-a-global-producer/), 2019-02-05: "This transaction will enable us and our group companies to support our global customers across four continents."

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