# Solmax acquires Propex

Solmax has acquired Propex, a geosynthetics manufacturer based in Chattanooga, Tennessee. The terms of the transaction were not disclosed.

- Type: Acquisition
- Announced: 2021-11-17
- Where: Chattanooga, Tennessee, United States
- Status: completed
- Products: geosynthetics, geotextiles, erosion control products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Solmax Group](https://endata.com/companies/28963.md) (acquirer)
- [Propex Holding](https://endata.com/companies/35340.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/propex), 2021-11-17: "On November 17, 2021, Propex was acquired by Solmax."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/solmax-completes-acquisition-of-geotextile-fabric-manufacturer/), 2021-12-22: "We are delighted to complete this important acquisition."

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