# Fitesa to acquire FiberDynamics

Fitesa has announced it will acquire FiberDynamics, a North Carolina-based company that makes meltblown and carded nonwovens.

- Type: Acquisition
- Announced: 2020-09-30
- Where: North Carolina, United States
- Value: $47.5M
- Status: announced
- Products: meltblown nonwovens, carded nonwovens
- 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)
- [FiberDynamics](https://endata.com/companies/50231.md) (target)
- [Fiber Dynamics Inc.](https://endata.com/companies/50252.md) (target)

## Sources

- [je.st](http://www.je.st/news/Fitesa-To-Acquire-FiberDynamics,2573888.html), 2020-09-30: "Fitesa To Acquire FiberDynamics"
- [fiberjournal.com](https://www.fiberjournal.com/movers-shakers-september-2020/), 2020-09-30: "Fitesa has acquired the assets of Fiber Dynamics Inc., (FDI) a producer of Engineered Nonwovens."
- [technical-textiles.textiletechnology.net](https://technical-textiles.textiletechnology.net/news/acquisition-of-fiber-dynamics-209957), 2020-10-05: "The manufacturer of nonwoven fabrics Fitesa SA, Porto Alegre/Brazil, has completed the acquisition of the assets of Fiber Dynamics Inc. (FDI), High Point, NC/USA, a producer of engineered nonwovens."
- [technical-textiles.textiletechnology.net](https://technical-textiles.textiletechnology.net/news/acquisition-of-fiber-dynamics-209955), 2020-10-06: "The acquisition will strengthen Fitesa’s asset base to serve the healthcare market, especially the wipes segment."
- [nonwovensnews.com](https://www.nonwovensnews.com/2020/11/03/tredegar-completes-sale-of-personal-care-films-business-to-fitesa/), 2020-11-03: "We believe that in combination with Fitesa, a worldwide leader in nonwoven fabrics, Tredegar's former personal care business will have improved opportunities for growth."

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