Jofo Nonwovens

Jofo Nonwovens entered a collaboration with Soshio Industrial Co., a Hong Kong-based contract manufacturer for wipes maker Rockline Industries, to begin contract manufacturing finished products.

Jofo Nonwovens is acquiring Advanced Fabrics (SAAF), a Saudi Arabian manufacturer of spunmelt nonwovens for medical and hygiene applications. The acquisition is expected to close in early 2021.

Jofo Nonwovens is adding a second Reicofil spunmelt line at its Wuxi site to respond to additional growth.

Jofo Nonwovens acquired a Wuxi, China spunmelt operation started by First Quality Nonwovens and later owned by PF Nonwovens. The deal closed in 47 days.

Jofo Nonwovens and Soshio Industrial Co. announced a strategic cooperation that adds contract manufacturing of finished products to Jofo's offerings. Soshio is a Hong Kong-based contract manufacturer for wipes maker Rockline Industries.

Soshio Industrial and Jofo Nonwovens formed a partnership that adds contract manufacturing to Jofo's offerings.

Jofo Nonwovens signed a non-binding MoU to acquire a 70% stake in Saudi Arabia Advanced Fabrics Company (SAAF) from Takween Advanced Industries. The fair value of SAAF is about $82 million.

Takween Advanced Industries signed a non-binding MoU with China's Jofo Nonwovens to sell a 70% stake in its subsidiary Advanced Fabrics Factory. The fair value of the entire subsidiary is set at SAR 307.5 million.

Jofo Nonwovens, based in Weifang, Shandong, China, will acquire PFNonwovens' nonwovens operation in Wuxi, China. The site produces spunmelt nonwovens.