# Fitesa to acquire Tredegar's Personal Care Films business

Brazil-based nonwovens producer Fitesa entered into an agreement to acquire Tredegar Corporation's Personal Care Films business, which includes manufacturing sites in the US, Netherlands, Hungary, Brazil and India. The transaction is expected to close in Q4 2020.

- Type: Acquisition
- Announced: 2020-08-04
- Where: Terre Haute, United States; Kerkrade, Netherlands; Rétság, Hungary; Diadema, Brazil; Pune, India, United States
- Jobs: 400
- Status: announced
- Products: personal care films
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Tredegar Corporation](https://endata.com/companies/3339.md) (target)
- [Fitesa](https://endata.com/companies/22228.md) (acquirer)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/fitesa-strikes-deal-to-buy-tredegars-personal-care-business/), 2020-08-25: "Brazil-based nonwovens producers Fitesa has entered into a sale and purchase agreement to acquire Tredegar Corporation’s Personal Care Films business."
- [newclothmarketonline.com](https://www.newclothmarketonline.com/news-briefs/brazil-based-fitesa-announces-agreement-to-acquire-tredegar-personal-care-films-business/), 2020-08-26: "Fitesa announced today that it has entered into a sale & purchase agreement to acquire Tredegar Corporation’s Personal Care Films business."
- [technical-textiles.textiletechnology.net](https://technical-textiles.textiletechnology.net/news/agreement-to-acquire-tredegar-personal-care-films-210001), 2020-08-27: "The acquisition strengthens Fitesa’s films, elastics and laminates business."

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