# Bast Fibre Technologies acquires Faser Veredlung Tönisvorst in Germany

Bast Fibre Technologies (BFT) has acquired Faser Veredlung Tönisvorst (FVT), an ISO 9001 certified textile processing facility in Tönisvorst, Germany. The purchase enables BFT to increase capacity for sustainable bast fibers and includes plans to expand the facility with specialty refining equipment.

- Type: Acquisition
- Announced: 2021-10-01
- Where: Tönisvorst, Germany, Germany
- Status: announced
- Products: natural bast fibers for nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Bast Fibre Technologies](https://endata.com/companies/41826.md) (acquirer)
- [Faser Veredlung Tönisvorst](https://endata.com/companies/58471.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/bast-fibre-technologies-acquires-german-textile-processing-facility/), 2021-10-18: "We are excited to have FVT as a part of our company."
- [innovationintextiles.com](https://innovationintextiles.com/bast-fibres-for-european-nonwovens/), 2021-12-16: "The purchase of FVT, located in Tönisvorst, near Düsseldorf in Germany, is enabling BFT to immediately increase capacity to meet customer demand for its sustainable bast fibres from the nonwovens industry."

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