Shalag Industries to acquire Texsus S.P.A.

Shalag Industries signed an agreement to acquire 100% of the shares of Texsus S.P.A., an Italian manufacturer of air-through bonded nonwovens for the hygiene market. The acquisition will make Shalag Group a global producer with three production sites and capacity close to 60,000 tons per annum.

“We appreciate Texsus’ reputation in the market and believe that the high synergy between the companies will allow Shalag Group to provide its customers over the world with the best global services”nonwovens-industry.com

• 4 sources
• nonwovens-industry.comShalag to Acquire Texsus - Nonwovens IndustryBy: Karen McIntyre EditorAug 12, 2019
• iltirreno.itLa Texsus punta a diventare azienda leader in Europa - Il TirrenoLuca SignoriniAug 14, 2019
• innovationintextiles.comShalag Industries acquires TexsusAug 19, 2019
• nonwovensnews.comShalag acquires TexsusHaydn DavisAug 20, 2019

Summarized from public sources; check the original articles before acting on it.