# BAG Corp acquires Propex Foreign Holdings

BAG Corp acquired Propex Foreign Holdings, a subsidiary of Propex Global, to vertically integrate and improve FIBC product quality and lead times. The acquisition includes a team in Matehaula, Mexico.

- Type: Acquisition
- Announced: 2019-04-02
- Where: Matehaula, Mexico
- Status: completed
- Products: FIBC products, performance fabrics
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BAG Corp](https://endata.com/companies/38457.md) (acquirer)
- [Propex Foreign Holdings](https://endata.com/companies/38458.md) (target)
- [Propex Global](https://endata.com/companies/38459.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/bag-corp-acquires-propex-foreign-holdings-a-subsidiary-of-propex-global-300822495.html), 2019-04-02: "Propex Foreign Holdings leadership position in performance fabrics and the implicit supporting infrastructure were key elements in identifying the obvious, vertical integration value for BAG Corp."

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