◂ Announcements

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Oct 19, 2022ACQUISITIONConover, North Carolina; Union, South Carolina, United States

Snow Peak Capital acquires Dalco Nonwovens and Global Felt Technologies

Snow Peak Capital acquired Dalco Nonwovens and Global Felt Technologies, both manufacturers of nonwoven fabrics for automotive, geotextile, furniture, bedding, and industrial markets. Financial terms were not disclosed.

Status

Completed

Productsnonwoven fabrics

CompaniesSnow Peak Capital acquirer Dalco Nonwovens target Global Felt Technologies target

Sectors#Industrial Textiles

“The investment in Dalco and GFT will realize meaningful synergies and allow the firms to better serve their customers.”snowpeakcapital.com

2 sources
snowpeakcapital.comSnow Peak Capital Acquires Dalco Nonwovens and Global Felt Technologies - Snow Peak CapitalkeschlOct 19, 2022
prnewswire.comSnow Peak Capital Acquires Dalco Nonwovens and Global Felt TechnologiesSnow Peak CapitalOct 19, 2022

Summarized from public sources; check the original articles before acting on it.

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