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Sofina has subscribed to approximately 25% of shares in Drylock Technologies, a hygiene manufacturer. The funds will support Drylock's business plan.
Drylock Technologies plans to build two new production sites in Europe for baby diaper core technology and raise €200 million to expand operations.
Drylock Technologies is investing £200 million to double European production capacity in 2018, with a new plant in Segovia, Spain and expansion of its existing plant in Hradek, Czech Republic.
| Site | Largest | Latest |
|---|---|---|
| Zele, Belgium | 2019-08-06 | |
| Europe | $228.0M | 2019-02-27 |
| Segovia, Spain | $280.0M | 2018-04-13 |