# Freudenberg acquires 100% of Filc shares

Freudenberg acquired 100 percent of Filc shares effective December 31, 2019, after Austrian antitrust approval. Filc produces needle punch nonwoven textiles and laminated materials for automotive and construction industries, with 360 employees at three sites in Slovenia and a US sales office.

- Type: Acquisition
- Announced: 2019-12-31
- Where: Škofja Loka, Slovenia
- Jobs: 360
- Status: completed
- Products: needle punch nonwoven textiles, laminated materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Group](https://endata.com/companies/15958.md) (acquirer)
- [Filc](https://endata.com/companies/43547.md) (target)

## Sources

- [freudenberg-pm.com](https://www.freudenberg-pm.com/en/news-insights/press/2020_01_filc), 2020-01-14: "With the acquisition, we want to further strengthen our performance materials business, and expand our portfolio and technological footprint in Europe."
- [inda.org](https://www.inda.org/membership/member-news/transaction-finalized-filc-is-part-of-freudenberg-group/), 2020-01-14: "With the acquisition, we want to further strengthen our performance materials business, and expand our portfolio and technological footprint in Europe."
- [indiantextilejournal.com](https://indiantextilejournal.com/filc-is-part-of-freudenberg-group/), 2020-01-21: "With the acquisition, we want to further strengthen our performance materials business, and expand our portfolio and technological footprint in Europe."

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