# Fitesa acquires Tredegar's personal care films business

Brazilian nonwovens producer Fitesa has agreed to acquire Tredegar's personal care films business, which includes plants in the US, Netherlands, Hungary, Brazil, India, Italy and UAE. The acquisition strengthens Fitesa's films, elastic materials and composites business.

- Type: Acquisition
- Announced: 2021-01-06
- Jobs: 400
- Status: announced
- Products: personal care films, PE film materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [cnhpia.org](http://www.cnhpia.org/article/content/view?id=403020119405), 2021-01-06: "巴西的非织造布生产商Fitesa公司宣布，与Tredegar公司达成交易协议，收购该公司的个人护理用品薄膜业务。"

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