# Jofo Nonwovens to acquire Advanced Fabrics (SAAF) in Saudi Arabia

Jofo Nonwovens is acquiring Advanced Fabrics (SAAF), a Saudi Arabian manufacturer of spunmelt nonwovens for medical and hygiene applications. The acquisition is expected to close in early 2021.

- Type: Acquisition
- Announced: 2020-12-17
- Where: Saudi Arabia, Saudi Arabia
- Status: announced
- Products: spunmelt nonwovens for medical and hygiene
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Advanced Fabrics (SAAF)](https://endata.com/companies/25027.md) (target)
- [Jofo Nonwovens](https://endata.com/companies/47116.md) (acquirer)
- [Takween Advanced Industries](https://endata.com/companies/47767.md) (partner)
- [Advance Fabrics Company (SAAF)](https://endata.com/companies/52208.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/exclusives/jofo-focuses-on-expansion/), 2020-12-17: "Jofo is currently underway with its first international investment—the acquisition of Advanced Fabrics (SAAF), a Saudi Arabian manufacturer of spunmelt nonwovens for medical and hygiene applications."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/jofo-finalized-saaf-acquisition/), 2020-12-30: "Acquiring SAAF will allow us to really move into the medical market—it has allowed us to increase our capacity but it has also expanded our offerings, and location wise, having operations in both far east Asia and the Middle East gives us the flexibility to our customers."
- [feizhizao.net](https://www.feizhizao.net/article-484-1.html), 2021-01-22: "Jofo Nonwovens Co.和Takween Advanced Industries共同宣布签署一项股份协议，出售沙特阿拉伯非织造布生产商Advance Fabrics Company（SAAF）70％的股份。"

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