Fitesa

Brazilian nonwovens producer Fitesa has agreed to acquire Tredegar's personal care films business, which includes plants in the US, Netherlands, Hungary, Brazil, India, Italy and UAE. The acquisition strengthens Fitesa's films, elastic materials and composites business.

Fitesa plans to invest about $100 million at its Simpsonville, South Carolina facility to expand into the surgical mask and respirator filter market. The investment is expected to create at least 40 jobs.

Fitesa is adding new spunmelt and meltblown lines across multiple sites, including a new Reicofil 5 line in Cosmópolis, Brazil, and meltblown lines in Italy, Germany, and the USA. Total capacity increase is 55,000 MT/year, with investments announced in May 2020.

Fitesa has announced it will acquire FiberDynamics, a North Carolina-based company that makes meltblown and carded nonwovens.

Brazil-based nonwovens producer Fitesa entered into an agreement to acquire Tredegar Corporation's Personal Care Films business, which includes manufacturing sites in the US, Netherlands, Hungary, Brazil and India. The transaction is expected to close in Q4 2020.

Fitesa Corp. signed 4 new projects with Reifenhäuser Reicofil for state-of-the-art equipment to increase capacity for healthcare and hygiene nonwovens. Exact locations to be disclosed later.

Freudenberg completed the sale of its South American Hygiene nonwoven business to Fitesa, effective February 6, 2020. The transaction includes a production facility in Jacareí, Brazil, and 100 employees.

Fitesa, a Brazilian nonwoven specialist, is acquiring Freudenberg's South American hygiene nonwovens business. The purchase price is undisclosed and the transaction is subject to antitrust approval.

Fitesa is investing $70 million in a new spunbond line at its joint venture CNCFitesa in Rayong, Thailand. The investment will significantly increase nonwovens capacity in the region.

Fitesa has acquired a 51% stake in Thai spunbond nonwovens maker CNC International. The joint venture will be renamed FitesaCNC and marks Fitesa's first presence in the Asian spunmelt market.

Fitesa Group acquired 51% of Thailand's CNC Group in 2018 and set up a joint venture in Tokyo, focusing on the hygiene market.

Fitesa, a manufacturer of spunmelt and spunbond nonwovens, has purchased Pantex, a maker of topsheet materials and elastic bands for hygiene products, from Italian private equity firm Quadrivio Capital. The deal expands Fitesa's offerings in the hygiene market.