# Newrizon acquires Namyang Nonwoven's nano business division

Newrizon has signed a contract to acquire the nano business division of Namyang Nonwoven, gaining 100nm-level electrospinning technology and related equipment to expand high-performance filter material production.

- Type: Acquisition
- Announced: 2024-10-17
- Where: South Korea
- Status: announced
- Products: high-performance filter materials, nanofiber, nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Newrizon](https://endata.com/companies/80485.md) (acquirer)
- [Namyang Nonwoven](https://endata.com/companies/80486.md) (target)

## Sources

- [pk.newdaily.co.kr](https://pk.newdaily.co.kr/site/data/html/2024/10/17/2024101700166.html), 2024-10-17: "뉴라이즌이 남양부직포의 나노사업부를 인수하기 위한 계약을 체결했다."

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