# Freudenberg receives EU approval for acquisition of Low & Bonar

Freudenberg Performance Materials received unconditional Phase 1 clearance from the European Commission for its planned acquisition of Low & Bonar PLC. The acquisition was announced in September 2019 and remains subject to remaining conditions.

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

## Companies

- [Low & Bonar](https://endata.com/companies/23365.md) (target)
- [Freudenberg Performance Materials Holding SE & Co. KG](https://endata.com/companies/45075.md) (acquirer)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2020/04/freudenberg-european-commission-grants-approval-under-the-eu-merger-regulation-for-acquisition-of-low-bonar-plc/), 2020-04-20: "The commission has granted an unconditional Phase 1 clearance under the EUMR."

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