JOFO Group

Activity by year

20192020202120222023202420252026

AcquisitionNew facility

Jun 10, 2020ACQUISITIONSaudi Arabia
Jofo reportedly in talks to buy 70% stake in SAAF
Jofo is reportedly in talks to acquire a 70% stake in Saudi nonwovens producer SAAF.
JOFO Group acquirer SAAF target #Industrial Textiles je.st
Jun 12, 2019NEW FACILITYWeifang Hi-Tech Industrial Development Zone, Shandong, China$556.0M
JOFO and P&G start construction of $556M healthcare park in Weifang
A healthcare industry park with investment of CNY3.85 billion (USD556 million) started construction on June 12 in Weifang Hi-Tech Industrial Development Zone, jointly invested by JOFO Group and Procter & Gamble.
JOFO Group Procter & Gamble partner JOFO Group partner #Industrial Textiles govt.chinadaily.com.cn
Mar 29, 2019ACQUISITIONChina
JOFO Group merges with Fineness Nonwoven, names new CEO
JOFO Group's Nonwovens Division formed a strategic alliance and merger with Fineness Nonwoven, and named Rain Tian as CEO. Tian was previously president of Fineness Nonwoven Technology.
JOFO Group acquirer Fineness Nonwoven target #Industrial Textiles nonwovens-industry.com

Site	Largest	Latest
Weifang Hi-Tech Industrial Development Zone, China	$556.0M	2019-06-12

Acquired

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