# R2G Fund Group acquires First Quality Nonwovens

R2G Fund Group, parent of Pegas Nonwovens, acquired First Quality Nonwovens (FQN) in May 2018 to expand its nonwovens business globally.

- Type: Acquisition
- Announced: 2018-05-01
- Status: completed
- Products: nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [First Quality Nonwovens](https://endata.com/companies/32021.md) (target)
- [R2G Fund Group](https://endata.com/companies/37617.md) (acquirer)

## Sources

- [m.ces.cn](http://m.ces.cn/news/show-132333.html), 2019-02-27: "这项收购将使集团能够为遍布四大洲的客户提供全球性服务。"

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