# Freudenberg completes £107m acquisition of Low & Bonar

Freudenberg Performance Materials acquired 100% of Low & Bonar's shares for £107 million, completing the deal on May 14, 2020. Low & Bonar was delisted from the London Stock Exchange.

- Type: Acquisition
- Announced: 2020-05-15
- Where: Dundee, Scotland, United Kingdom
- Value: $131.0M (107.0M GBP)
- Status: completed
- Products: technical textiles, carpet backing
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Freudenberg Performance Materials](https://endata.com/companies/15549.md) (acquirer)
- [Low & Bonar](https://endata.com/companies/23365.md) (target)

## Sources

- [scottishfinancialnews.com](https://www.scottishfinancialnews.com/articles/low-bonar-107m-sale-completed), 2020-05-15: "The £107 million sale of Dundee-founded Low & Bonar has been completed as global technology group Freudenberg acquired 100% of its shares."

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