# BenQ Materials acquires 51% stake in WEB-PRO for NT$3.162 billion

BenQ Materials Corp. will invest NT$3.162 billion to acquire a 51% stake in WEB-PRO Corp., a manufacturer of medical materials and hygiene supplies.

- Type: Acquisition
- Announced: 2022-11-01
- Where: TWN
- Value: $100.0M (3.16B TWD)
- Status: announced
- Products: spunlace nonwoven fabric, PE film, medical materials, hygiene supplies
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [BenQ Materials](https://endata.com/companies/66266.md) (acquirer)
- [WEB-PRO](https://endata.com/companies/66267.md) (target)

## Sources

- [benqmaterials.com](https://www.benqmaterials.com/news-detail/311/), 2022-11-01: "BenQ Materials Corp. held a Board of Directors meeting which approved the acquisition where NT$3.162 billion will be invested in WEB-PRO Corp."

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