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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Freudenberg acquires Low & Bonar · Endata

◂ Announcements

May 12, 2020ACQUISITIONLondon, United Kingdom

Freudenberg acquires Low & Bonar

Freudenberg acquired 100% of Low & Bonar PLC, a manufacturer of technical textiles, after receiving European Commission authorization on April 17, 2020.

Value

$132.0M (107.0M GBP)

Status

Completed

Productstechnical textiles

CompaniesFreudenberg Group acquirer Low & Bonar target Mehler Texnologies target

Sectors#Industrial Textiles

“The European Commission authorized the merger on April 17.”chemxplore.com

10 sources
chemxplore.comFreudenberg Acquires Low & BonarMay 11, 2020
freudenberg.comLow & Bonar PLC is now part of Freudenberg: Performance Materials expands technological competencyMay 12, 2020
freudenberg-pm.comLow & Bonar PLC is now part of the Freudenberg GroupMay 12, 2020
rheinpfalz.deFreudenberg-Konzern: Zukauf in England stärkt Spinnvlies-Kompetenz - Weinheim - DIE RHEINPFALZHermann Motsch-KleinMay 12, 2020
textileworld.comLow & Bonar Is Now Part Of The Freudenberg Group | Textile WorldJim Borneman

Summarized from public sources; check the original articles before acting on it.

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Apr 17, 2020ACQUISITIONGermany
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Nov 27, 2019ACQUISITIONŠkofja Loka, Slovenia, Slovenia360 jobs
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May 12, 2020

texdata.comTexData International - all significant news along the textile value chainTexData InternationalMay 13, 2020

pciaw.orgFreudenberg Acquires Low & Bonar Technical Textiles BusinessDeclan OsbornMay 13, 2020

thecourier.co.uk£107 million sale of Low & Bonar completes - The CourierRob McLarenMay 14, 2020

geosyntheticsmagazine.comFreudenberg Group acquires Low and Bonar - Geosynthetics MagazineATAMay 19, 2020

standoutmagazine.co.ukFreudenberg Group acquires Mehler TexnologiesCaroline CliftJun 17, 2020

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