# Freudenberg receives EU phase one approval for Low & Bonar acquisition

Freudenberg's acquisition of Low & Bonar, announced in September 2019, received phase one clearance from the European Commission on April 17, 2020. Completion remains subject to remaining conditions.

- Type: Acquisition
- Announced: 2020-04-17
- Where: Germany
- Status: announced
- Products: nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Group](https://endata.com/companies/15958.md) (acquirer)
- [Low & Bonar](https://endata.com/companies/23365.md) (target)
- [Mehler Texnologies](https://endata.com/companies/47449.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/freudenberg-moves-forward-with-low-bonar-acquisition/), 2020-04-20: "Freudenberg‘s acquisition of Low & Bonar, announced in September 2019, has recived phase one clearance for approval under the EU Merger Regulation"
- [rbbecon.com](https://www.rbbecon.com/news/article/freudenbergs-acquisition-of-low-bonar-cleared-unconditionally-in-phase-i/), 2020-04-23: "On 17 April, the European Commission (EC) has approved Freudenberg's acquisition of Low & Bonar, following a Phase I investigation."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/freudenberg-completes-low-bonar-acquisition/), 2020-05-12: "Freudenberg strengthens its performance materials business, and with Low & Bonar's innovative technology it can further expand its technological know-how."
- [whattheythink.com](https://whattheythink.com/news/100968-mehler-texnologies-joining-freudenberg-group/), 2020-05-26: "Mehler Texnologies® is joining the Freudenberg Group with the latter’s acquisition of the Low & Bonar Group."

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