# 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.

- Type: Acquisition
- Announced: 2020-05-12
- Where: London, United Kingdom
- Value: $132.0M (107.0M GBP)
- Status: completed
- Products: technical textiles
- 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

- [chemxplore.com](https://chemxplore.com/news/low-bonar-plc-is-now-part-of-the-freudenberg-group-germany), 2020-05-11: "The European Commission authorized the merger on April 17."
- [freudenberg.com](https://www.freudenberg.com/en/company/press-media/news-detail/2020-05-12-low-bonar-plc-is-now-part-of-freudenberg-performance-materials-expands-technological-competency), 2020-05-12: "Freudenberg acquired 100 percent of the shares in Low & Bonar PLC"
- [freudenberg-pm.com](https://www.freudenberg-pm.com/en/news-insights/press/2020_05_low_bonar), 2020-05-12: "The global technology group Freudenberg acquired 100 percent of the shares in Low & Bonar PLC."
- [rheinpfalz.de](https://www.rheinpfalz.de/wirtschaft_artikel,-freudenberg-konzern-zukauf-in-england-st%C3%A4rkt-spinnvlies-kompetenz-_arid,5064146.html), 2020-05-12: "Durch die Übernahme habe die Geschäftsgruppe Freudenberg Performance Materials 35 Produktionsstätten in Asien, Europa und Nordamerika und beschäftige rund 5500 Mitarbeiter."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2020/05/low-bonar-is-now-part-of-the-freudenberg-group/), 2020-05-12: "The global technology group Freudenberg has acquired 100 percent of the shares in Low & Bonar PLC, London."
- [texdata.com](https://www.texdata.com/news/Nonwovens-TechnicalTextiles/13271.html), 2020-05-13: "The global technology group Freudenberg acquired 100 percent of the shares in Low & Bonar PLC, London, United Kingdom."
- [pciaw.org](https://pciaw.org/low-bonar-plc-is-now-part-of-the-freudenberg-group/), 2020-05-13: "Freudenberg strengthens its performance materials business, and with Low & Bonar’s innovative technology it can further expand its technological know-how."
- [thecourier.co.uk](https://www.thecourier.co.uk/fp/business-environment/business/1319499/107-million-sale-of-low-bonar-completes/), 2020-05-14: "Global technology group Freudenberg has acquired 100% of the shares in Low & Bonar, which is headquartered in London but still has a carpet backing manufacturing facility at Dundee's Caldrum Works."
- [geosyntheticsmagazine.com](https://geosyntheticsmagazine.com/2020/05/19/freudenberg-group-acquires-low-and-bonar/), 2020-05-19: "Freudenberg strengthens its performance materials business, and with Low and Bonar's innovative technology it can further expand its technological know-how."
- [standoutmagazine.co.uk](https://www.standoutmagazine.co.uk/freudenberg-group-acquires-mehler-texnologies/), 2020-06-17: "Mehler Texnologies is joining the Freudenberg Group with the latter’s acquisition of the Low and 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.