# Beaulieu International Group acquires IFG Asota GmbH

Beaulieu International Group (B.I.G.) signed an agreement to acquire all shares of IFG Asota GmbH, an Austrian fiber company specializing in synthetic staple fibers, to strengthen its Fibres Division.

- Type: Acquisition
- Announced: 2024-07-17
- Where: Austria
- Status: announced
- Products: synthetic staple fibers, polypropylene fibers, polyamide fibers, polyethylene fibers, biopolymer fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Beaulieu International Group](https://endata.com/companies/78678.md) (acquirer)
- [IFG Asota GmbH](https://endata.com/companies/78679.md) (target)

## Sources

- [belgashare.be](https://belgashare.be/newsrooms/94/press-releases/15584/beaulieu-international-group-kondigt-overname-van-ifg-asota-gmbh-aan-en-versterkt-wereldwijd-leiderschap-in-vezels/), 2024-07-17: "Onze ambitie is duidelijk,"

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