# BontexGeo acquires Geotexan to expand European geosynthetics presence

BontexGeo Group acquired 100% of Geotexan S.A., a Spanish geosynthetics and fibers manufacturer, to strengthen its position in Europe and create a gateway into the Iberian Peninsula.

- Type: Acquisition
- Announced: 2022-03-21
- Where: Minas de Riotinto, Spain, Spain
- Status: completed
- Products: geosynthetics, nonwoven geotextiles, fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BontexGeo Group](https://endata.com/companies/55015.md) (acquirer)
- [Geotexan S.A.](https://endata.com/companies/61821.md) (target)

## Sources

- [geosyntheticsmagazine.com](https://geosyntheticsmagazine.com/2022/03/24/bontexgeo-acquires-geotexan/), 2022-03-24: "This acquisition provides our group the possibility to further establish a strong position throughout Europe and creates a strong gateway into the Iberian Peninsula."
- [nonwovensnews.com](https://www.nonwovensnews.com/2022/03/28/bontexgeo-acquires-geotexan/), 2022-03-28: "The BontexGeo Group... has agreed on the acquisition of 100% of the shares of Geotexan S.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.