# Fitesa acquires Freudenberg's South American hygiene nonwovens business

Fitesa, a Brazilian nonwoven specialist, is acquiring Freudenberg's South American hygiene nonwovens business. The purchase price is undisclosed and the transaction is subject to antitrust approval.

- Type: Acquisition
- Announced: 2019-12-10
- Where: South America, Brazil
- Status: announced
- Products: nonwovens for hygiene market
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Performance Materials](https://endata.com/companies/15549.md) (target)
- [Fitesa](https://endata.com/companies/22228.md) (acquirer)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/fitesa-buys-freudenbergs-south-american-hygiene-business/), 2019-12-10: "The acquisition of Freudenberg’s South American hygiene business provides us with a state-of-the-art production facility as well as with a professional and well-trained workforce, which will help us to better serve the needs of our customers."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2019/12/freudenberg-sells-south-american-hygiene-business-to-brazilian-nonwoven-specialist-fitesa/), 2019-12-16: "The acquisition of Freudenberg’s South American hygiene business provides us with a state-of-the-art production facility as well as with a professional and well-trained workforce."

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