# Soft Non Woven sells majority stake to Industry 4.0 Fund

Soft Non Woven, an Italian producer of non-woven fabric for industrial applications, sold a majority stake to Industry 4.0 Fund, a private equity vehicle of Quadrivio Group. The company expects 2021 revenue of about €36 million.

- Type: Acquisition
- Announced: 2021-12-22
- Where: Quaregna Cerreto, Biella, Italy
- Status: completed
- Products: non-woven fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Quadrivio Group](https://endata.com/companies/56505.md) (investor)
- [Soft Non Woven](https://endata.com/companies/59863.md) (target)
- [Industry 4.0 Fund](https://endata.com/companies/59864.md) (acquirer)

## Sources

- [bgt-grantthornton.it](https://www.bgt-grantthornton.it/insights/articoli/2021/grant-thornton-fas-ha-assistito-soft-non-woven/), 2021-12-21: "Grant Thornton Financial Advisory Services ha assistito Soft Non Woven... nella cessione della maggioranza a Industry 4.0 Fund."
- [quadriviogroup.com](https://www.quadriviogroup.com/en/media/press-releases/industry-4-0-fund-invests-soft-n-w), 2021-12-22: "Industry 4.0 Fund has bought a majority stake in Soft Non Woven S.p.A."

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