Neenah to acquire Vectorply for $155M
Neenah, Inc. signed a definitive agreement to acquire Vectorply Corporation, a manufacturer of high-performance composite materials, for $155 million in cash. The acquisition is expected to close on April 1, 2020.
Productshigh-performance composite materialsnon-woven reinforcement fabrics
“Vectorply is well-known for its product capabilities, utilizing product-enhancing fibers such as carbon, glass and aramid to produce purpose-built, non-woven reinforcement fabrics.”prnewswire.com
- 6 sources
- prnewswire.comNeenah Expands its Technical Products Platform with Agreement to Acquire VectorplyNeenah, Inc.Mar 3, 2020
- je.stNeenah to Buy Composite Materials Manufacturer - je.st - Neenah to Buy Composite Materials ManufacturerKasat Sp. z o.o.Mar 4, 2020
- nonwovens-industry.comNeenah to Buy Composite Materials Manufacturer - Nonwovens IndustrySaveMar 4, 2020
- nonwovens-industry.comNeenah Acquisition of Vectorply Not Finalized - Nonwovens IndustrySaveApr 3, 2020
- businessalabama.comSpecialty Products Maker Vectorply Bought for $155 Million
Summarized from public sources; check the original articles before acting on it.
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