# Beijing Dayuan acquires JNC Nonwovens (Changshu) from JNC Corporation

Beijing Dayuan Nonwovens Fabric Corp. signed an equity transfer contract to purchase JNC Nonwovens (Changshu) Co., Ltd., a wholly-owned subsidiary of Japan's JNC Corporation, located in Changshu Economic and Technological Development Zone. The acquisition is expected to be renamed Dayuan New Material Technology (Changshu) Co., Ltd.

- Type: Acquisition
- Announced: 2024-09-24
- Where: Changshu Economic and Technological Development Zone, Jiangsu, China
- Status: announced
- Products: nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [JNC Corporation](https://endata.com/companies/20751.md) (target)
- [Beijing Dayuan Nonwovens Fabric Corp.](https://endata.com/companies/80051.md) (acquirer)
- [JNC Nonwovens (Changshu) Co., Ltd.](https://endata.com/companies/80052.md) (target)

## Sources

- [en.bjdayuan.com](http://en.bjdayuan.com/news_details_1/7.html), 2024-09-25: "Beijing Dayuan plans to expand its new production base and capacity by purchasing JNC Nonwovens (Changshu) Co., Ltd."

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