# Nimbus acquires geotextiles division from Low & Bonar

Nimbus purchased the Needle-Punched Non-Wovens business from Low & Bonar, covering operations in Hungary and Belgium, including brand names Bontec and Tipptex. The business will continue as Bontexgeo, employing about 200 people.

- Type: Acquisition
- Announced: 2019-09-03
- Where: Hungary and Belgium, Hungary
- Jobs: 200
- Status: completed
- Products: geotextiles, nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nimbus](https://endata.com/companies/13698.md) (acquirer)
- [Low & Bonar](https://endata.com/companies/23365.md) (target)

## Sources

- [nimbus.com](https://nimbus.com/en/news/2019/09/acquisition-of-the-geotexti/171), 2019-09-04: "The European market leader in geotextiles will continue under the name Bontexgeo and offers employment to some 200 persons."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/acquired-low-bonar-civil-division-renamed/), 2019-10-21: "This change of ownership will also enable it to improve our service levels and make further investments"

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