# Unifrax to acquire Dongxiang Glass Product Co. in China

Unifrax, backed by Clearlake Capital, signed a definitive agreement to acquire the assets of Shenyang JiuQing Dongxiang Glass Product Co. Ltd, a provider of high-performance specialty fibers in China, from the Li family. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2019-09-23
- Where: China
- Status: announced
- Products: microfine glass fibers, high-performance specialty fibers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Clearlake Capital](https://endata.com/companies/5452.md) (investor)
- [Unifrax](https://endata.com/companies/34617.md) (acquirer)
- [Shenyang JiuQing Dongxiang Glass Product Co.](https://endata.com/companies/42254.md) (target)

## Sources

- [clearlake.com](https://clearlake.com/news/clearlake-capital-backed-unifrax-to-acquire-dongxiang-glass-product-co-in-china/), 2019-09-23: "The market for microfine glass fibers in the battery and filtration markets is expanding rapidly, and adding complementary capabilities, people, and products in China allows us to better serve our growing base of global and local customers."

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